article thumbnail

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.

Scrappage 105
article thumbnail

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.

Cost Of 101
article thumbnail

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

Electric Vehicles India

The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada. Also read related article: Union Minister announces Vehicle Scrappage Policy .

Nepal 103
article thumbnail

UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

The government will also issue a consultation in the autumn to gather views on measures to support motorists, residents and businesses affected by local plans—such as retrofitting, subsidized car club memberships, exemptions from any vehicles restrictions, or a targeted scrappage scheme for car and van drivers.

Gasoline 150
article thumbnail

Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. Below is a comparison of the number of Hybrid EV, Battery EV and PlugIn Hybrid EV model variants available in both New Zealand and the UK, as at 31 August 2021: HEV BEV PHEV TOTAL. Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’), and encourages New Zealand to be ambitious.

Clean 52
article thumbnail

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. Networks should increase the uptake of demand response so EV batteries can effectively be used to delay network investments. We spend billions of dollars annually on importing fossil fuels.