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

  • 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.
  • Mitsubishi Motors Australia's CEO supports sustainability efforts but questions the effectiveness of penalties in boosting EV sales, citing the need for broader measures.
  • The NVES requires manufacturers to adhere to CO2 limits with a focus on selling more low-emission vehicles like EVs and hybrids over time.
  • Mitsubishi prioritizes plug-in hybrid vehicles (PHEVs) and plans to launch an EV by 2026, highlighting challenges like infrastructure and practicality hindering EV adoption.

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