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

Electric Vehicles India

The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 The budget mainly focuses on hydro and all types of renewable energy and to control the Covid-19 pandemic and recovering the economy. trillion NPR ($14 billion) for the energy sector in Nepal.

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Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs. million units. Europe; Russia influences.

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