New Vehicle Efficiency Standard 2024

# New Vehicle Efficiency Standard 2024 ## What it does This law sets mandatory fuel efficiency and emissions standards for new cars sold in Australia. Car manufacturers will need to ensure their vehicle fleets meet set emissions targets, with the rules adjusting based on vehicle size and type. The law includes specific pathways for different vehicle categories and gives the Minister power to adjust targets as needed. ## Why it matters Stricter efficiency standards push carmakers to sell cleaner, more fuel-efficient vehicles—meaning lower petrol bills for drivers and reduced carbon emissions. This brings Australia into line with similar standards in Europe, the US, and other developed countries where such requirements already exist. ## Key details - **Who's affected**: All new passenger vehicles and light commercial vehicles sold in Australia (with some exemptions for specialist off-road vehicles) - **The targets**: Manufacturers must achieve "zero or less" final emissions values, with interim targets along the way to phase in compliance - **Flexibility built in**: The law adjusts requirements based on vehicle weight and includes ministerial discretion to set specific headline limits and adjustment factors—so heavy SUVs aren't held to the same standard as small sedans

🔒 Voting closed — this bill has been decided by parliament