article thumbnail

Scrap your old car, save big on your next buy: Major offers announced across India – ET Auto

Baua Electric

In what is expected to be significant boost for the govt’s efforts to speed up scrappage of old vehicles, as many as 21 states and UTs have announced some major concessions for car buyers who choose to scrap their cars, ToI reported on April 29.

Buy 52
article thumbnail

Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.

article thumbnail

Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.

article thumbnail

Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. million motorists tempted to cash in on the scheme, these consumers are set to lose a total of £12.5

article thumbnail

Retrofitting three-wheeler to electric 

Electric Vehicles India

This will be more economical for consumers than buying a new one. Most of the time lithium-ion battery of (Nickel-Manganese-Cobalt) NMC or (lithium-ion manganese-oxide) LMO type is used with motor power of 10kw/15kw in such retrofitted 4 wheelers. Scrappage policy . Both costs are too high for ordinary people when they buy them.

India 59
article thumbnail

Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes.

Emissions 218
article thumbnail

Will you save money if you buy a green car? The Green Piece

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. According to its findings, the savings of buying a green car can vary widely with some only cutting costs by around £18 or £19 a year. The Green Piece.