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Jennifer Hewett

Automakers not the only ones caught out by slowing EV revolution

Chris Bowen will find it harder to maintain his preferred speed for new fuel efficiency standards as the pedal eases off the metal in EV sales.

Chris Bowen regularly cites the US market to reassure Australian motorists that tougher fuel efficiency standards won’t lead to higher prices or reduced choices.

The Climate Change and Energy Minister is less keen to acknowledge the shift to electric vehicles in the US and other Western countries has slowed dramatically over the past year.

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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com

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    Original URL: https://www.afr.com/companies/transport/automakers-and-politicians-caught-out-by-slowing-ev-revolution-20240313-p5fbze