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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

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.

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Scrappage Policy in India: Will It Boost EV Adoption?

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The Voluntary Vehicle Fleet Modernisation Programme, often known as the vehicle scrappage program, was launched on August 13 by Prime Minister Narendra Modi. . The Vehicle Scrappage Policy’s Highlights. The scrappage program is claimed to benefit India’s ailing automotive industry.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. million (1.5 percent) since last year.

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

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Turnover of the US fleet under the three models of penetration. A less aggressive approach yielded fleet turnover rates of 60% or more for most countries, while a moderately aggressive approach yielded fleet turnover rates of more than 80% for most countries. Turnover of the Chinese fleet. Source: Belzowski and McManus.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. percent of the fleet.

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UK AA president says millions of second cars could be electric

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At last week’s Low Carbon Vehicle Partnership conference in the UK—prior to the Battersea Formula E Grand Prix run over the weekend—Edmund King, the UK AA’s (Automobile Association) president argued that millions of second cars in households could relatively easily be electric vehicles.

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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

million vehicles, according to the latest Economic Report from the European Automobile Manufacturers Association (ACEA). While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. in the last quarter of 2008.

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