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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

While the purchasing power may be different, customer aspirations are the same. Predictably, the petrol segment continues to dominate the market The used car industry is generally three to five years behind the trends in the new car market. While the purchasing power may be different, customer aspirations are the same.

Market 52
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Why communication is key to accelerating electrification

My Energi

As a result, 60% of those aged over 55 were not interested in buying an EV full stop, while many other demographics would only consider purchasing if prices dropped considerably – a concerning picture indeed for the UK’s transition to electrification. If anything, the opposite is true. But why is this relevant? 4] Is the additional £3.71

Petrol 52
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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. From battery systems failing and range figures plummeting, to planned obsolescence after your three-year finance deal is up, we’ve all heard the rumours.

Cheap 133
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New EV incentive scheme will increase e-2W costs by 10% vis-a-vis FAME 2: ICRA | Autocar Professional

Baua Electric

The initial purchase cost of an electric two-wheeler would increase by 10% with the implementation of the Central Government’s recently announced Electric Mobility Promotion Scheme (EMPS) 2024.

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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

He said that in the near future, electric vehicles will be cheaper than petrol and diesel ones. People with this certificate will not be charged a registration fee on the purchase of a new vehicle. Finance Minister Nirmala Sitharaman in her budget announced the voluntary vehicle scrapping policy to phase out old and unfit vehicles.

Scrappage 105
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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

You’ll know exactly how much you need to budget for your Cupra Formentor lease deal each month, making it easier to manage your finances. Lower Running Costs Electric vehicles are renowned for their lower running costs compared to traditional petrol or diesel vehicles.

Tax 78
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Is misinformation putting the brakes on the used EV market?

My Energi

From battery systems failing and range figures plummeting, to planned obsolescence after an initial three-year finance deal is up, we’ve all heard the rumours. Does the range start to drop quickly after purchase? It might sound obvious, but the latest models have been designed to far outperform their petrol and diesel predecessors.

Market 52