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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. market share of hybrid cars.

Emissions 218
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. COVID-19 pandemic has hit the automotive market hard. As the automotive market takes a dive, EVs show strength. As a result of this resilience, the market share of EVs has been growing significantly.

Economy 52