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Average price of new light trucks in 2019 was 43% higher than average price of new cars

Green Car Congress

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. Price data are adjusted for inflation (constant 2019 dollars). Price data are adjusted for inflation (constant 2019 dollars). Finance charges or finance incentives are excluded.

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KSRTC allows transportation of electric scooters & bicycles, reduces ticket charges 

Electric Vehicles India

In 2019, the Kerala government had announced that it has introduced 1 million EVs by 2022. The newly registered private EVs will get a tax refund. To develop e-mobility Rs 12 crore has been given as ‘e-mobility fund,’ which is used for the tax subsidy to 10,000 electric autos. 50% reduction in motor vehicle tax .

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. Step two-Comparison of costs per km 2020 versus 2019. Based on policies in place in 2020 Vs 2019. Cost analysis .

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Ministry of Finance (MoF). billion (USD 130 million).

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. However, wireless charging still needs to move from retrofit equipment to a dealer option in order to see greater market penetration.

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Electric vehicles trends in India

Electric Vehicles India

It was the seventh-largest manufacturer of commercial vehicles in 2019.The billion in 2019, and is projected to reach $802.81 billion in 2019, and is projected to reach $802.81 India leading Foton PMI in 2019 was planning to invest around INR 500 crore in a joint venture with Beiqi Foton Motor Co. billion in 2020.The

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