Remove Auto Remove Financing Remove Petrol Remove Scrappage
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

[PRESS RELEASE] DRIVE ELECTRIC RESPONSE TO CLEAN CAR DISCOUNT CHANGES.

Drive Electric

Drive Electric analysis done in March showed the reduction in emissions of vehicles imported since the policy came into effect will save more than 2m tonnes of emissions over the lives of those vehicles, and $100m a year in petrol and diesel. There’s more to do. This discount won’t be needed forever – perhaps only another few years.

Clean 52
article thumbnail

Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. The UK will end the sale of new petrol and diesel cars and vans by 2030. 7) [link] r-us-auto-dealers-the-unstoppable-electric-car. (8) Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’), and encourages New Zealand to be ambitious. FBT, depreciation); and. 2) [link]. (3)

Clean 52