Why the government's fuel emissions standard is dividing the car industry – and what it means for what you'll be driving in the years to come – electric cars, hybrid cars or petrol and diesel | Analysis

AutoExec Summary
The quote “A house divided against itself, cannot stand” from Abraham Lincoln is an appropriate sentiment for the current state of the Australian car industry. The Federal Government’s announcement of a new National Vehicle Efficiency Standard has caused a rift in the industry. The peak body, the Federal Chamber of Automotive Industries (FCAI), came out aggressively against it, while Hyundai became the first brand to openly support the initiative. The industry is likely to be divided into ‘haves’ and ‘have nots’ when it comes to electric vehicles, which will be crucial to achieve the goal of NVES. This decision will have a huge impact on the car industry and could lead to a rush of EVs and hybrids, resulting in higher prices for consumers.

Brands mentioned: Hyundai, Ford, Toyota, Mazda, Kia, BMW