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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

To encourage and promote electric vehicles and following the new budget, the Nepal Electricity Authority (NEA) has signed an MoU with a Chinese company Wanwang Digital Energy Corporation to install and maintain 50 electric vehicle charging stations across Nepal. Also read related article: Union Minister announces Vehicle Scrappage Policy .

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

very aggressive model of penetration; Establish vehicles-in-use, scrappage, and sales estimates for vehicles in the fleet using the old technology/fuels and vehicles using the alternative powertrains/fuels; and. Turnover of the Chinese fleet. moderately aggressive model as a baseline, they developed a less aggressive model and a.

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