We have published guidance to support regulated entities submit correct MIRO and CO2 values and comply with their requirements under the New Vehicle Efficiency Standard (NVES).
We developed this guidance because we understand calculating these values can be complex.
Submitting correct values is essential because they are used to calculate an entity's performance under the NVES. The values affect the number of NVES units issued or the liability an entity may accrue if it does not beat the target.
Access the guidance:
We have also updated your obligations and calculating IEVs, FEVs and issuing units with more information to help people better understand requirements and terms under the NVES.
Webinar 9: Prepare for reconciliation and submit correct data
We are holding a webinar on Thursday 17 September 2026 to help regulated entities prepare for the upcoming reconciliation period and submit correct MIRO and CO2 values. Find out more about webinar 9.
