Plunging EV sales push NZ charger manufacturer to look to Australia

Posted: 25 Jul 2024

A New Zealand manufacturer of EV chargers says it is switching its focus to the Australian market, partly because of New Zealand's plunging EV sales.

Evnex is a Christchurch-based manufacturer of EV chargers for homes and businesses.

Founder Ed Harvey says with Australian sales on the rise, the company can raise capital more easily across the Tasman.

He said Australian government subsidies have helped their EV sales overtake New Zealand's sales, which have fallen from 27 percent of new cars last year to 8 percent so far this year.

So far Evnex has around 6000 chargers in New Zealand and 1000 in Australia, but Harvey expected Australian volumes to overtake New Zealand's within the next two or three months.

Read more on RNZ.