<ul data-eligibleForWebStory="false"><li>The Australian Government's New Vehicle Efficiency Standard (NVES) penalties started on July 1, aiming to reduce CO2 emissions, with penalties for automakers not meeting targets.</li><li>Mitsubishi Motors Australia's CEO supports sustainability efforts but questions the effectiveness of penalties in boosting EV sales, citing the need for broader measures.</li><li>The NVES requires manufacturers to adhere to CO2 limits with a focus on selling more low-emission vehicles like EVs and hybrids over time.</li><li>Mitsubishi prioritizes plug-in hybrid vehicles (PHEVs) and plans to launch an EV by 2026, highlighting challenges like infrastructure and practicality hindering EV adoption.</li></ul>

Mitsubishi boss slams federal emissions regulations, “naivety” around EVs

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