March 2025 EV Market Update: Continued Growth and Positive Trends
EV market share was 10.6% of new light passenger vehicle sales in March 2025. Most popular: Tesla Model 3, Polestar 2, Tesla Model Y, BYD Dolphin, Kia Ev5
March 2025 EV Market Update: Continued Growth and Positive Trends
Electric vehicles (EVs) remain a popular choice in New Zealand as we see steady growth in sustainable transport options. Here's a quick snapshot of the EV market from March 2025 and some positive news both locally and globally.
March 2025 New Zealand EV Statistics
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Battery electric vehicles (BEVs) made up about 7.0% of new light passenger vehicle registrations (down slightly from 7.9% in February).
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Plug-in hybrids (PHEVs) accounted for 3.6% of new registrations (down from 7.2% in February).
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Total EV market share reached 10.6% of all new light passenger vehicle sales.
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New Zealand now has 122,866 EVs registered, including:
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85,916 BEVs
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36,950 PHEVs
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EVs represent 2.52% of the total vehicle fleet in the country.
Most popular EVs in March:
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Tesla Model 3
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Polestar 2
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Tesla Model Y
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BYD Dolphin
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Kia Ev5
New Zealand EV Trends & Positive News
The momentum towards electric vehicles in New Zealand remains strong:
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Government initiatives continue to expand public charging infrastructure, moving closer to the goal of 10,000 public chargers by 2030.
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Increased availability of diverse EV models, offering Kiwis more choices at different budgets and lifestyles.
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Businesses and fleet managers are progressively choosing EVs, driven by their commitment to sustainability and lower operational costs.
Global EV Trends & Positive News
The worldwide EV market continues to show promising growth:
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Global EV sales are expected to surpass 11.5% of total new car sales by the end of 2025.
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Europe and China remain leaders in EV adoption, boosted by strong government incentives and strict environmental policies.
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Advances in battery technology are significantly improving driving range, charging speed, and affordability, making EVs increasingly attractive to consumers worldwide.
With growing support and improving technology, there’s never been a better time for Kiwis to switch to electric vehicles and embrace sustainable transport.
Source: Ministry of Transport / Xube Energy