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Hyundai backs Federal Government’s fuel efficiency standard

by Robert Barry
February 16, 2024
in Industry News, Featured
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Hyundai Motor Company Australia (HMCA) has taken the country’s new vehicle distribution industry by surprise by issuing a public statement that it has welcomed the Federal Government’s impact analysis for the New Vehicle Efficiency Standard (NVES). 

HMCA says it is committed to working with the Federal Government and industry to ensure Australian consumers get access to the widest range of affordable low- and zero-emission vehicles. 

“We see this as an intriguing challenge, and we look forward to responding to the Government’s call for feedback,” Hyundai Australia chief operating officer John Kett says.

“We think we will soon have a world-class efficiency standard in Australia and we’re excited by that.

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 “With the standard in place, Hyundai dealers will still have great vehicles to sell, customers will have great vehicles to drive, and we will be doing our bit to reduce emissions in line with Australia’s commitment to decarbonise,” Kett says.

“We only have five years to catch up to other advanced markets that have had efficiency standards in place for decades, and that’s a challenge. We see merit in the Government’s preferred Option B, and with some minor aspects of Option A introduced to it, we can hit the proposed target and bring accessible, affordable and efficient vehicles to the market.”

Hyundai says its vision for the rapid development of sustainable transport technologies aligns with the ambition of the Australian Government’s proposed NVES policy.

 “The Government has been confronted with many competing voices and opinions throughout this process, and treading a workable path through all the noise will not be easy,” Kett says. 

 “A world-class Standard demands world-class thinking around the commercial pressures and infrastructure challenges we jointly face.

“We applaud the ambition of the policy, and with the input of all the major stakeholders who have a role to play in its development, we’re confident that the Government will get the NVES right for all Australian new car buyers,” he says.

Tags: Federal GovernmentHyundai AustraliaNVES
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Robert Barry

Robert Barry has been reporting on the Australasian automotive and transport sector since June 2003. A member of the New Zealand Motoring Writers Guild since 2005, Robert has also previously held the positions of secretary, vice-president and president. His work has appeared in newspapers, magazines, and on the web. He holds a Class 2 and a Class 4 heavy transport licence and knows his way around a manual transmission.

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