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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. Since the second part of 2019, the Indian car industry has been in turmoil. Scrappage Policy and EV Sector.

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Car prices to fall as scrappage ends?

Green Cars News

New car prices are set to fall-that’s the prediction from leading car data providers, Glass’s. According to the firm, some car manufacturers will reduce their prices in a effort to increase sales and counteract a fall in registrations as the Scrappage Scheme ends this month.

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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

Green Car Congress

Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).

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Reducing the cost of electric vehicles

Electric Vehicles India

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari.

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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 million vehicles were registered.

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Drivers urged to take advantage of the car scrappage scheme if they can

Green Cars News

Motorists who have an old car could benefit from the Government’s car scrappage scheme, if they have the money to spare. To qualify for the proposal, which gives the car owner €1,500 off the Vehicle Registration Tax (VRT) share of a new price car, they must have a vehicle that is aged 10 years or [.].

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Scrappage scheme scrap ends

Green Cars News

Carmakers are back on board the scrappage scheme following yesterday’s fiasco which saw the like of Ford and Honda suspend their participation in the scheme while issues over VAT payments were cleared up. Other ‘administrative issues’ over tax liabilities have now also been clarified.