Australian fuel efficiency standards aimed at cutting petrol bills, ‘catching up’ with US

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Australia is finally getting efficiency standards for new cars.

The Albanese Government has announced its New Vehicle Efficiency Standard (NVES), and will consult with stakeholders on its preferred model until March 4, 2024 before introducing legislation “as soon as possible”.

It aims for the new rules, which will affect new passenger and light commercial vehicles, to come into effect by January 1, 2025.

Car companies will be given targets for average CO2 emissions per…

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