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Scrappage Policy in India: Will It Boost EV Adoption?

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The Voluntary Vehicle Fleet Modernisation Programme, often known as the vehicle scrappage program, was launched on August 13 by Prime Minister Narendra Modi. . The Vehicle Scrappage Policy’s Highlights. The scrappage program is claimed to benefit India’s ailing automotive industry. Scrappage Policy and EV Sector.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

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In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. years through 2015, then rise to 11.5 Total light vehicles in Operation (VIO) in the US reached a record level of more than 252,700,000—an increase of more than 3.7 million (1.5 years by 2019.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

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years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast. Click to enlarge.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

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Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).

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European car registrations drop 7.1% in April, diesel down 15%, SUVs continue to grow

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Since the scandal, which broke in 2015, the fuel type has suffered major setbacks to its reputation as governments consider new legislation that directly affect diesel car owners—such as plans in the UK for a diesel scrappage scheme.

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