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

Green Car Congress

The hotly anticipated car excelled during its first full month on the European market and became the best-selling BEV. Overall, the European car market registered its sixth consecutive month of decline in February 2019, as 1.14 Although BEV market share remained marginal at 1.9%, their volume increased by 92% to 20,000 registrations.

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Deloitte study concludes mass adoption of EVs in Europe is some distance away

Green Car Congress

However, while interest in electric vehicles is growing, with 69% of respondents willing to consider an EV today, current market offerings generally fall far short of consumers’ expectations for driving range, charging time, and purchase price. There is no doubt that electric vehicles are the future of the automotive industry.

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Can the UK lead the green car charge? The Green Piece

Green Cars News

Having already adjusted its road tax system to penalise the heaviest polluters and introduced congestion charges; the Government created a vehicle scrappage scheme earlier this year meant to help more motorists make green choices while boosting the automotive sector. Now it seems that its efforts have been rewarded.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Many leading markets and car manufacturers have committed to effectively phasing out fossil fuel powered light vehicles. One of the largest RHD markets, the United Kingdom, has been transitioning towards this outcome for many years creating an “Office of Low Emission Vehicles” in 2014. This will happen from 2030.