Green Car Congress
AUGUST 25, 2017
In the UK, Hyundai Motor has launched a gasoline and diesel scrappage and trade-in scheme that offers up to £5,000 (US$6,416) off the price of a new model and seeks to improve air quality across the UK by making it easier and more affordable to drive a new, lower emission car. i10 will also benefit from £1,500 saving.
Electric Vehicles India
AUGUST 18, 2021
Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.
Plug N Drive
AUGUST 10, 2020
To qualify for the incentive, drivers must: Attend an educational webinar on the environmental and economic benefits of electric transportation Purchase a used fully electric or plug-in hybrid electric vehicle with a re-sale sticker price below $50,000. “We
Green Car Congress
SEPTEMBER 22, 2009
A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., An earlier, separate study by UC Davis transportation economist Christopher Knittel concluded that the US scrappage program paid nearly 10 times the projected price of carbon credits per ton in the best-case scenario to reduce GHG emissions.
Green Car Congress
SEPTEMBER 11, 2015
This small improvement in sales is based on a series of technical factors being closely monitored by IHS analysts, including the benefits of lower car prices and lower interest rates.
Baua Electric
MARCH 2, 2024
This is expected to gather momentum in a price-sensitive segment. Lower total cost of ownership (TCO) for EVs coupled with the rising prices of fossil fuels will act as catalysts for the said transition. This is second to electric 2Ws, of which more than 8.5 lakh units were sold during the same period.
Green Cars News
MAY 21, 2009
The Government’s car scrappage scheme has got off to a flying start as the end of its first week draws to a close. According to Hyundai in the first week after the scrappage scheme was announced as part of the Budget report, enquiries at the company’s dealerships shot up by 400 per cent.
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