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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The newly launched Voluntary Vehicle Fleet Modernisation Programme or the vehicle scrappage policy will help to reduce the cost of manufacturing electric vehicles in India. He said that in the near future, electric vehicles will be cheaper than petrol and diesel ones.

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New EV incentive scheme will increase e-2W costs by 10% vis-a-vis FAME 2: ICRA | Autocar Professional

Baua Electric

The initial purchase cost of an electric two-wheeler would increase by 10% with the implementation of the Central Government’s recently announced Electric Mobility Promotion Scheme (EMPS) 2024. He further added that in ICRA’s estimates, the payback period could get elongated to 5.5

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

You’ll know exactly how much you need to budget for your Cupra Formentor lease deal each month, making it easier to manage your finances. This further reduces the overall cost of leasing a car for your business. Fuel Costs If your business covers fuel costs for leased vehicles, you can also claim tax deductions on fuel expenses.

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RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

Drive Electric

It is rapidly becoming clear that electric vehicles will replace petrol and diesel ICE vehicles in most use cases. New Zealand currently has 4 million passenger cars in its fleet, the vast majority of which are fuelled by petrol and diesel. It is significantly more cost effective to install charge points in new builds.

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

He noted that the new majority set of customers that are going to come are those who require much more reassurance in terms of charging infrastructure, total cost of ownership, residual value, and variety of models and use cases. “So,

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Green cars” can be defined as vehicles that use alternative fuels (other than petrol or diesel) and/or alternative types of propulsion (other than the conventional ICE). High entry costs may exist for new technologies, and therefore lead to high cost of switching to these new technologies for users.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

To make matters worse, even vehicle finance rates are at their peak at 9.5%. Also, the availability of financing options means more people can afford to buy a used car,” he explained. But there are two critical factors that automakers will have to keep in mind: the running costs and the costs of vehicle ownership.

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