article thumbnail

Tesla offers £4,000 “cash for clunkers” trade-in for new EVs

The Driven EV News

Perhaps Australia could revisit its "cash for clunkers" scheme in EV age. The post Tesla offers £4,000 “cash for clunkers” trade-in for new EVs appeared first on The Driven. Tesla has launched a scrappage program in UK to help take older polluting vehicles off the road.

article thumbnail

Would a Cash for Clunkers program speed up electric vehicle adoption?

Electrek

A Cash for Clunkers program would see EV buyers retire their gas cars for a cash incentive rather than a trade-in. New research from the MIT Sloan School of Management and the Penn State Smeal College of Business found that it would be. The post Would a Cash for Clunkers program speed up electric vehicle adoption?

article thumbnail

Electric garbage truck, Cash for Clunkers reboot, VW EV brand: Today’s Car News

Green Car Reports

Volkswagen is thinking of creating a new brand around its most affordable EVs. And should Cash for Clunkers look directly at tailpipe emissions for a reboot? Does it make sense for Volkswagen to create a new brand for its affordable electric vehicles? Garbage trucks are going all-electric, too. Given the.

article thumbnail

Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. However, a new[.].

article thumbnail

BREAKING: Cash-For-Clunkers May Be Over, Out Of Money, Kaput

Green Car Reports

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash.

article thumbnail

Cash for clunkers: a summary

Green Cars News

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. The state that requested the largest share of the cash for clunkers cash was California with 11.3 per cent; and New York at 5.4 So did it achieve its objectives? Let’s look at the evidence.

article thumbnail

Cash for clunkers programme explained

Green Cars News

The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. Only purchases or lease of new vehicles qualify. Tags: Cars Green cars Latest news Car Allowance Rebate System cash for clunkers vehicle scrappage scheme.