Remove Articles Remove India Remove Scrappage Remove Tax
article thumbnail

Scrappage Policy in India: Will It Boost EV Adoption?

Get Electric Vehicle

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.

article thumbnail

Scrap your old car, save big on your next buy: Major offers announced across India – ET Auto

Baua Electric

In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major concessions for car buyers who choose to scrap their cars, ToI reported on April 29. When it comes to private vehicles, 12 states are providing a 25% discount on road tax.

Buy 52
article thumbnail

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

Nepal 103
article thumbnail

Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

The government of Maharashtra has unveiled its draft Electric Vehicle Policy 2021 for the faster adoption of electric vehicles in India and to achieve a 10 per cent share of total registrations by 2025. It has said that EVs will be exempt from road tax and registration charges. Scrappage incentive.

Scrappage 105
article thumbnail

Reducing the cost of electric vehicles

Electric Vehicles India

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari.

Cost Of 101
article thumbnail

Can the UK lead the green car charge? The Green Piece

Green Cars News

Having already adjusted its road tax system to penalise the heaviest polluters and introduced congestion charges; the Government created a vehicle scrappage scheme earlier this year meant to help more motorists make green choices while boosting the automotive sector. Now it seems that its efforts have been rewarded.