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Price of selected battery materials and lithium-ion batteries, 2015
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6 FAQs about [New Zealand battery price trend chart]
How has the electric vehicle market changed in New Zealand?
Tracking the electric vehicle market in New Zealand. The number of EVs in NZ has grown considerably since 2021. A rebate scheme, a growing selection of EV models, and favourable pricing for entry-level vehicles led to increased uptake in 2022-2023. In 2024, EV market share decreased.
How does stress testing affect wholesale electricity sales in New Zealand?
The energy margins the New Zealand generators are making when selling into the wholesale electricity market. The stress testing regime requires retailers and large industrial purchasers in the wholesale market to apply a set of financial tests to check their market position and report to their Board.
Where can I find a comparison of New Zealand energy statistics?
This work is licensed under a Creative Commons Attribution 3.0 New Zealand License. You can access comparisons of New Zealand energy statistics with those of other countries directly from the International Energy Agency website.
What is the difference between lithium ion battery prices and nickel prices?
Data until March 2023. Lithium-ion battery prices (including the pack and cell) represent the global volume-weighted average across all sectors. Nickel prices are based on the London Metal Exchange, used here as a proxy for global pricing, although most nickel trade takes place through direct contracts between producers and consumers.
What changes have been made to the energy prices data?
Revisions to previously published data: The Ministry has improved the methodology for producing some of the energy prices statistics, as well as updating some historical data. This has resulted in changes to previously-published data. These are detailed further in the Energy prices data tables. Energy prices [XLSX, 441 KB] Price data is:
Are petrol vehicles declining in New Zealand?
The peak number of petrol vehicles (non-hybrids) in New Zealand occurred during 2019-2021 before declining. Our roads are seeing more light diesel and hybrid vehicles and, to a lesser extent, more fully electric vehicles. Petrol vehicles decline Electrified + diesel vehicles increase New Zealand light vehicles (hybrid includes plug-in hybrids).