Evnex focuses on Australia

Christchurch-based EV charger manufacturer Evnex says it’s strategically expanding its focus to Australia in response to the evolving EV landscape.

Recent policy changes in Australia have created more opportunities for growth, whereas New Zealand policy has been less supportive, limiting the potential for similar advancements, the company says.

“Our expansion into Sydney underscores our commitment to where the growth opportunities lie,” says Evnex founder and chief executive Ed Harvey.

“Australian policies and market conditions align with our vision, allowing us to invest significantly and scale our operations effectively,” says Harvey who is in Sydney this week for meetings with Adamantem Capital with which it has recent investment and the Sydney Evnex team.

Evnex featured in EVs and Beyond in May this year for its expansion plans and says it’s not actively raising more capital at the moment.

Harvey expects Australian Evnex charger numbers to overtake New Zealand’s within the next few months, especially with the dropping of EV New Zealand government subsidies (the Clean Car Discount) and road user charge EV exemptions ending, plus reportedly weakened imported vehicle emission standards.

Australia has emission standards due to be introduced in January 2025, and EV subsidies, which Harvey believes are reflected in EV sales, adding New Zealand was once an EV leader but has now fallen behind Australia.

“Our chargers are designed to integrate seamlessly with the grid, optimising charging times based on renewable energy availability,” says Harvey.

“This innovation is resonating strongly in Australia, where our technology can play a crucial role in their energy transition.”