Remove Articles Remove Auto Remove Petrol Remove Scrappage
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. Approximately, 70,000 old vehicles have been scrapped voluntarily so far.

Buy 52
article thumbnail

Reducing the cost of electric vehicles

Electric Vehicles India

Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari. for a period of five years.

Cost Of 101
article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.