New Zealand unveils $8,600 subsidy for electric vehicles to reduce emissions

Move comes after Climate Commission recommended banning petrol and diesel cars by 2023

The New Zealand government is introducing subsidies to make electric vehicles thousands of dollars cheaper and new petrol and diesel cars more expensive, as the country tries transition to an emissions-free fleet.

The changes follow New Zealand's Climate Commission recommendations which laid out sweeping changes required to get the country closer to its emissions targets.