Who will be the winners and losers of EV adoption?

The Australian Government has proposed the first ever fuel efficiency standard & sets regulations for Electric Vehicles.

The proposed standards will impact both traditional internal combustion engine vehicles and electric vehicles, encouraging a comprehensive shift towards eco-friendly transportation.

Electric vehicle manufacturers, such as Tesla, Nissan, and Hyundai, are likely to benefit from increased consumer interest in eco-friendly options.

Traditional automakers that have invested in hybrid and electric technologies, such as Toyota and Ford, may also find themselves on the winning side.

However, those lagging behind in the development of fuel-efficient vehicles may face a more challenging road ahead.

To discuss in detail, Matt Hobbs, CEO at Motor Trades Association of Australia, provides his insights into the realm of EVs and Government regulations. #ev #cars #tech

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