Remove Corporation Remove Petrol Remove Scrappage
article thumbnail

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

Electric Vehicles India

Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. Also read related article: Union Minister announces Vehicle Scrappage Policy . The government has set the growth of 6.5 per cent for the next fiscal year.

Nepal 105
article thumbnail

[PRESS RELEASE] DRIVE ELECTRIC RESPONSE TO CLEAN CAR DISCOUNT CHANGES.

Drive Electric NZ

Drive Electric analysis done in March showed the reduction in emissions of vehicles imported since the policy came into effect will save more than 2m tonnes of emissions over the lives of those vehicles, and $100m a year in petrol and diesel. There’s more to do. This discount won’t be needed forever – perhaps only another few years.

article thumbnail

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric NZ

We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. On the demand side, an ICE phase-out is easy to communicate to consumers, which will increase the perception that petrol-powered vehicles are becoming socially unacceptable. Scrappage schemes .