Australia's New Vehicle Efficiency Standard Criticized

Australia's new Vehicle Efficiency Standard (NVES), which took effect on January 1, requires automakers to meet aggregate CO2 targets, leading to concerns raised by National Party leader David Littleproud about increased car prices. Littleproud characterized the new regulations as a 'new tax' that will limit choices for consumers, particularly in regional areas where electric vehicles may not be practical. The Albanese government argues that the standard will promote emissions-friendly vehicles and ultimately save Australians money on fuel. In Türkiye, a significant increase in motor vehicle tax rates, averaging 43.93%, aims to generate revenue while impacting ownership costs for larger vehicles. Meanwhile, in India, the GST on used cars is set to rise from 12% to 18%, and the Delhi government is considering implementing a congestion tax to tackle pollution and traffic congestion. This congestion tax would be enforced during peak hours at major entry points and would exempt two-wheelers and electric vehicles.