The Australian Government announced earlier today it would make key changes to its proposed emissions regulations after consultation with lobby groups and carmakers. The New Vehicle Efficiency Standard , for which legislation will be introduced tomorrow, is designed to give carmakers targets for average CO2 emissions per kilometre across their fleets.
“The first review will commence in 2026 and this will be an opportunity to assess the first two years of the NVES, but also determine whether the settings are appropriate for the incredibly challenging outer years of the policy. “This is a contentious issue in our industry and there is a great deal of anxiety among Dealers.
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