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Australia Introducing Fuel Efficiency Standards For Electric Car Supply

Australia Introducing Fuel Efficiency Standards For Electric Car Supply
Photo Courtesy: The News Singapore

Australia intends to introduce vehicle fuel efficiency standards, per a recent Australian government announcement. According to the official report, these standards will help expand the electric car supply and make electric vehicles more affordable while reducing emissions. The absence of fuel efficiency standard is curbing the uptake of electric cars in Australia, Minister for Climate Change and Energy Chris Bowen expressed at an electric vehicle summit in Canberra. The article is about Australia Introducing Fuel Efficiency Standards For Electric Car Supply.

Mr. Bowen said, “We accept that now is the time to have an orderly and sensible conversation about whether vehicle fuel efficiency standards could assist enhance the supply of electric vehicles in the Australian market. To me, this is ultimately about choice. And policy settings are denying Australians the real choice of good, affordable, no emissions cars.” 

He also said a discussion paper on the National Electric Vehicle Strategy will be released for consultation soon, seeking feedback from industry, unions, and consumer bodies. Apart this, Australia is the only OECD country not to have or be in the process of developing fuel efficiency standards. Furthermore, he stated, “Consumers aren’t getting the choice available internationally, and as the world moves towards more efficient and smoother vehicles, Australia risks becoming a dumping ground for older, instead of modern technology, which can’t be sold in other markets.” 

About 2% of electric cars sold in Australia, nearly five times lower than the international average, due to the high selling costs of vehicles. Nevertheless, the recently elected Labor government introduced Australia’s 2030 target for cutting carbon emissions to a 43% reduction from 2005 levels, conveying the country more in line with other developed economies’ Paris climate accord promises.

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