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

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. The government has set the growth of 6.5

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Electric cars and SUVs help charge Tata Motors FY2024 performance | Autocar Professional

Baua Electric

crore) as well as highest-ever profit before tax (Rs 28.9K This strong showing is the result of strong sales emanating from its domestic passenger and commercial vehicle businesses as well as record sales of luxury car and SUV maker JLR. FY2024 saw major facelifts for the Nexon, Nexon.ev, Harrier and Safari SUVs. crore, up 9.4%

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Give credit where it’s due! Hyundai calls for more EV support under Labor’s new CO2 reduction scheme

EV Central

The Australian arm of the Korean auto giant wants increased reward for selling zero emissions vehicles in the form of ‘super credits’ so it can keep cheaper C02-emitting petrol and hybrid models in its showrooms longer. READ MORE: Could a tiny $30,000 2024 Hyundai Casper electric SUV challenge the BYD Dolphin and MG4 in Australia?

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New Electric Vehicle registrations predicted to be over 330,000 in 2022

Drive Electric

The old saying goes that there are only two certainties in life; death and taxes. However, even taking inflation into account, it will still be far cheaper to run an electric vehicle than a traditional petrol or diesel one. Businesses are also going green and being ever-more mindful of their corporate carbon footprint.

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Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The hybrid vehicles — dual powered by a petrol engine and an electric motor — are gathering strong traction amongst SUV buyers versus all electric battery-operated passenger vehicles. The price premium between a hybrid and EV equivalent over petrol, hybrid is better off, despite high GST.” lakh in the case of an EV SUV.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

Greenpeace , agrees, and argues that sales of all diesel and petrol vehicles, including hybrids must end by 2030. There is also a push to make those who own SUVs pay a steep annual registration fee to discourage their ownership, as is happening in Washington, D.C. Thereafter, the percentages go up by 10 percentage points each year.

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