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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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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

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Scrappage Policy in India: Will It Boost EV Adoption?

Get Electric Vehicle

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. Scrappage Policy and EV Sector.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

HVIP is intended to advance commercialization and to help reduce the total cost of ownership of advanced commercial vehicles in the state of California. California purchasers of the Nikola Tre BEV may qualify for an incentive valued at $120,000 per truck, and $150,000 for drayage fleets, helping to reduce the total cost of ownership.

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DEC and NYSERDA announce $24M in Volkswagen Settlement Funds to support electric transit buses in environmental justice communities

Green Car Congress

The transit bus replacement funds will be administered through NYSERDA’s New York Truck Voucher Incentive Program (NYTVIP), which provides point-of-sale rebates to reduce the cost for businesses and municipalities that want to purchase new, clean electric or alternative-fueled vehicles (e.g., commercial trucks and buses).

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Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

It includes an incentive of Rs 5,000 per kWh of the vehicle battery capacity. The state will subsidise the first 100,000 electric two-wheeler buyers, who are eligible for an incentive of Rs 5,000 per kWh of battery capacity incentive limit Rs 10,000. Scrappage incentive. lakh and it reduced to around Rs 83,000.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. transportation sector. transportation sector.