
Image: CarExpert


Image: CarExpert
AutoExec Summary
The Federal Government plans to implement a New Vehicle Efficiency Standard (NVES) by 2025, aligning with US regulations. Carmakers will have CO2 emission targets, but the lack of consumer incentives has been criticized. Toyota supports the standard, Mazda calls for subsidies, Ford welcomes diverse powertrain technologies, and Kia is studying the proposal. Other brands are also reviewing the details and considering the impact on consumers and the industry.
Brands mentioned: Toyota, Mazda, Ford, Kia, Hyundai, Mitsubishi, MG, Tesla, Subaru, Isuzu, Volkswagen, Nissan, GWM, Mercedes-Benz, BMW, LDV, Audi, Suzuki, Lexus, Honda
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