EV contestable fund starts

Transport and Energy and Resources Minister Simon Bridges today opened the Government’s Low Emission Vehicles Contestable Fund.

Transport Minister Simon Bridges

Transport Minister Simon Bridges

The fund is one of 14 initiatives in the Government’s electric vehicles programme, which has a target of doubling the number of electric vehicles (EVs) on New Zealand roads each year to reach 64,000 by 2021.

Up to $4 million will be available in 2016/17 with up to $6 million available in future years.

“The momentum is clearly building around EVs in New Zealand and this fund will help kick start some innovative projects that will further accelerate uptake,” Mr Bridges says.

The fund will offer up to 50 per cent funding towards projects that demonstrate and showcase low emission vehicle technologies in high-profile, visible ways and help popularise these technologies.

Applicants have one month to submit their proposals to the Energy Efficiency and Conservation Authority with the first funding round closing on 17 October.

Funding decisions are expected to be announced in mid-December.

Further information is available at www.eeca.govt.nz/ev.