{"id":19707,"date":"2026-02-18T14:54:43","date_gmt":"2026-02-18T03:54:43","guid":{"rendered":"https:\/\/electricvehiclecouncil.com.au\/?p=19707"},"modified":"2026-02-18T14:54:43","modified_gmt":"2026-02-18T03:54:43","slug":"nves-report-card-two-thirds-of-car-suppliers-beat-targets-in-year-one-more-choice-and-lower-costs-for-drivers","status":"publish","type":"post","link":"https:\/\/electricvehiclecouncil.com.au\/media-releases\/nves-report-card-two-thirds-of-car-suppliers-beat-targets-in-year-one-more-choice-and-lower-costs-for-drivers\/","title":{"rendered":"NVES Report Card: Two-Thirds of Car Suppliers Beat Targets in Year One \u2013 More Choice and Lower Costs for Drivers"},"content":{"rendered":"

The Electric Vehicle Council (EVC) has welcomed the release of the first performance report under Australia\u2019s New\u00a0Vehicle Efficiency\u00a0Standard (NVES)<\/strong>\u00a0which shows around two-thirds of vehicle suppliers exceeded emissions targets, by an average of 21% for new light passenger vehicles.<\/p>\n

EVC Chief Executive Officer, Julie Delvecchio<\/strong> said the results demonstrate the success of the Federal Government\u2019s landmark reform and expose the scaremongering that surrounded its introduction.<\/p>\n

\u201cWhen the NVES was legislated, critics warned of supply shortages, soaring prices and market disruption,\u201d Ms Delvecchio said. \u201cInstead, the first performance report shows strong industry performance, healthy competition and a clear acceleration in cleaner vehicles coming to Australia.<\/p>\n

\u201cThe data confirms what we said all along – clear, predictable standards drive innovation and investment. They don\u2019t break markets, they modernise them.<\/p>\n

\u201cEmissions are coming down, cleaner and more affordable cars are arriving in Australia, choice is expanding and EV sales are growing. That\u2019s exactly the momentum we need to reach five million EVs on our roads by 2035.\u201d<\/p>\n

Industry Leadership Recognised<\/strong><\/p>\n

The EVC congratulated leading manufacturers including Tesla<\/strong>\u00a0and Polestar<\/strong>\u00a0for their public advocacy of the NVES model and their strong performance under the scheme.<\/p>\n

\u201cTesla and Polestar put a stake in the ground early, arguing that Australia needed a modern efficiency standard to unlock supply and investment,\u201d Ms Delvecchio said. \u201cTheir leadership helped shift the national conversation from fear to facts.\u201d<\/p>\n

NVES + Electric Car Discount = Real Savings for Drivers<\/strong><\/p>\n

The EVC said the release of today\u2019s performance report also highlights how the NVES, working in unison with the Electric Car Discount (EV FBT exemption), is improving access and affordability for Australian households and fleets.<\/p>\n

\u201cWith the NVES pulling cleaner\u00a0cars\u00a0into Australia and the Electric Car Discount helping more working Australians access them, this policy alignment is delivering real outcomes. It is smart policy translating into real savings for households,\u201d\u00a0Ms Delvecchio said.<\/p>\n

\u201cMore supply means more competition. More competition means better choice and downward pressure on running costs. Electric vehicles are already around $3,000 a year cheaper to drive, and this framework is helping to bring upfront prices down compared to petrol and diesel cars.\u201d<\/p>\n

Time to Strengthen Targets \u2013 Not Slow Down<\/strong><\/p>\n

While welcoming the strong outperformance on emissions from suppliers of\u00a0internal combustion engine (ICE) vehicles, the EVC said the results should prompt a forward-looking review to strengthen future targets rather than allow excess credits to dampen momentum.<\/p>\n

\u201cThe fact that many petrol and diesel car\u00a0manufacturers outperformed their year one NVES targets show the benchmarks were more than achievable,\u201d Ms Delvecchio said.<\/p>\n

\u201cIt would be counterproductive to now allow large volumes of banked credits to slow the pace of clean vehicle supply in coming years. The initial success of the NVES should give policymakers confidence to steadily strengthen its trajectory and keep Australia aligned with global markets.<\/p>\n

\u201cAustralia cannot afford to become a dumping ground for higher-emitting vehicles while other countries move faster.\u201d<\/p>\n

A Turning Point for Australia\u2019s Vehicle Market<\/strong><\/p>\n

The EVC said the first NVES performance report marks a turning point for Australia\u2019s transport sector.<\/p>\n

\u201cFor too long, Australians were offered fewer low-emissions models than drivers in Europe, the UK or the United States,\u201d Ms Delvecchio said.<\/p>\n

\u201cThe NVES is working exactly as intended – rewarding manufacturers who bring cleaner vehicles to Australia and giving consumers more choice.\u201d<\/p>\n

\u201cThis is proof that smart, coordinated policy can accelerate cleaner transport, lower running costs for families and strengthen Australia\u2019s position in the global automotive market.\u201d<\/p>\n

 <\/p>\n

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