The Federal Chamber of Automotive Industries (FCAI) welcomed the opportunity to provide its views to the Federal Government’s New Vehicle Efficiency Standard—Cleaner, Cheaper to run Cars for Australia Consultation Impact Analysis.
The FCAI strongly supports the introduction of a fuel efficiency standard (FES) into the Australian market.
We have consistently advocated for a balanced and realistic FES that accommodates consumer vehicle preferences, does not result in unaffordable price hikes for new vehicles, and achieves meaningful emissions reduction targets.
We support the introduction of a FES on a ‘modest start, fast finish’ basis to achieve required out-year emissions reductions while accommodating model development and the life cycle of vehicles in order to avoid sudden consumer price shocks.
The FCAI urges the Government to reconsider the timing, structure, and trajectory of its proposed FES. We stand ready to continue to work productively with Government to attain a more effective outcome that will achieve the required emissions reductions and that will support consumers in terms of the choice and cost of vehicles in the Australian market, but that will not adversely impact the automotive industry.
A full copy of our submission can be accessed here.