Meridian flags up EV boost
Ongoing uncertainty around global oil supplies has sharpened public awareness of fuel security, increased interest in electric cars and led to a surge in demand for public EV charging, reports Meridian Energy.
“The conversation around EVs is beginning to flip,” says Tim Calder, principal product manager. “Concerns once centred on charging availability, affordability and range anxiety, but those issues are being addressed and it’s the reliability of petrol supply that’s being questioned.”
Over the past month Meridian has seen a 30 per cent jump in customers actively using its Zero Charging Network and a 20 per cent increase in charging sessions.
Calder adds: “For a long time, petrol felt predictable and dependable. But New Zealand is blessed with renewable energy resources making electricity an abundant fuel for helping people get from A to B. With more chargers than ever, more range and more awareness, many people are now appreciating an EV may be perfect for their needs.
“There are already more than 400 charge points in Meridian’s network and we’re planning for another 900 fast-charge points to be rolled out over the next three years.”
Energy analysts say New Zealand has already crossed what’s described as the “electrification tipping point” where switching to electricity is cheaper over the lifetime of a vehicle than continuing with fossil fuels, even when financing costs are included.
“That point was reached well before the start of the fuel crisis, so it’s only added to the attraction of EVs,” says Calder. “For EV owners who do their charging at home, a typical overnight charge costs just a few dollars.
“Even when road-user charges are factored in, EVs are significantly cheaper to run than petrol vehicles for most drivers, alongside lower servicing and maintenance costs.
“We know a new EV may be beyond the means of many, but there are lots of affordable options out there in the market. Just like petrol or diesel vehicles, there are plenty of second-hand options to suit different budgets. EVs are better for your wallet, better for the environment, performance and fuel security.”
