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

Green Car Congress

HVIP is unique among incentive programs and is viewed as more powerful than other incentive programs in accelerating adoption of zero tailpipe emission commercial vehicles in that it is a first-come, first-served incentive program that does not require the retirement and scrappage of an existing diesel vehicle.

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Volkswagen to offer incentive in Germany of up to €10,000 to scrap Euro 1-4 diesels

Green Car Congress

Volkswagen is offering an incentive of up to €10,000 (US$11,815)—depending upon the model purchased—for the purchase of Euro 6 vehicles in Germany if an older diesel vehicle (Euro 1 to Euro 4 standards) is scrapped at the same time. That corresponds to the scrappage incentive paid in 2009, without the state subsidy.

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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

New York’s State Department of Environmental Conservation (DEC) and the New York State Energy Research and Development Authority (NYSERDA) announced that more than $24 million is now available to replace diesel-powered transit buses with new all-electric transit buses. As part of the state’s $127.7-million As part of the state’s $127.7-million

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Reducing the cost of electric vehicles

Electric Vehicles India

The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles. for a period of five years.

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Tesla Model 3 Europe’s best-selling pure EV in February in its first full month on the market

Green Car Congress

Conversely, registrations were up by a huge 36% in Romania, due to the Government’s scrappage scheme in Q4-18, which led to an increase in vehicle deliveries in Q1-19. Meanwhile, diesel registrations fell once again in February, although their market share did stabilize at 34%.

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