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

Electric Vehicles India

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

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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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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.

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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’. Role of public and private sector fleets – including using the tax system . Networks should increase the uptake of demand response so EV batteries can effectively be used to delay network investments.