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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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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. It is a significant consideration for both personal and commercial vehicle owners, as it affects the resale value and trade-in potential.

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. Price you will get for scrapping The cost of scrapping a vehicle is determined by its weight.

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Why India is in love with hybrid cars?

Baua Electric

While the ultimate goal remains steady on battery electric vehicles, hybrid cars are bridging the gap between pure EVs and fossil fuel-propelled models that run on petrol or diesel. At the same time, hybrid powertrain technology comes at a cheaper cost compared to pure electric vehicles.

India 52
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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

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. This includes not only the cost of fuel but also other related expenses, such as maintenance and repairs.

Tax 78
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7 Benefits of Switching to Electric Cars

My Electric Car

A little extra cash in your pocket might help you make a decision, especially if your only objection is the cost of exchanging your petrol model for a new, electric one. Save on Operational Costs. Beyond netting you some extra cash from the government, an electric car can also help you save on running costs.

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Tesla Model Y also leads the German EV market

Push EVs

Diesel share continued its steady decline, but petrol share actually rose YoY, from 34.9% Obviously this growth in petrol share is temporary, related to the plugin incentive hangover and a resettling of the market. Only the MG4 put in a personal best performance, with 1,389 units delivered, near to twice its previous high (February).

Market 59