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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 Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

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Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

Electric scooters price drop . The prices of the current electric scooters have been reduced, the Ather 450 Plus is currently comes with a price tag of Rs 1.23 lakh and it will be priced around Rs 98,231 for those who will buy it before this year ends. Ather 450X price drop is fall to Rs 1.17 Scrappage incentive.

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Drivers can go green with scrappage scheme

Green Cars News

The environmental benefits of the scrappage scheme is certainly open for debate - but drivers that pick up the ultra-green new SEAT Ibiza SC Ecomotive will certainly be doing their bit for the cause. The Ibiza Ecomotive promises massive gains in fuel economy and significant reductions in CO2 emissions.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. Levelized cost of driving for current (2015, dark bars) and future (2025–2030, light bars) technology pathways.

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UK AA president says millions of second cars could be electric

Green Car Congress

Less likely to be concerned by the cost of battery replacement. As the second car tends to be smaller, the cost of the switch becomes more affordable. Financial incentives could help the change in mind-set, such as a scrappage scheme tailored (by size, age and cost at new) to replace the second car with an electric vehicle.

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Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. It also costs a more consumer friendly £12,195. billion in just one year uSwitch.com conclude.