Remove Dealers Remove Manufacturer Remove Scrappage Remove Vehicles
article thumbnail

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.

Scrappage 105
article thumbnail

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.

Cost Of 101
article thumbnail

Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

The government of Maharashtra has unveiled its draft Electric Vehicle Policy 2021 for the faster adoption of electric vehicles in India and to achieve a 10 per cent share of total registrations by 2025. Maharashtra aims to make up 10 per cent of all new vehicle registrations around three lakh vehicles a year in the state by 2025.

Scrappage 105
article thumbnail

Volkswagen to offer incentive in Germany of up to €10,000 to scrap Euro 1-4 diesels

Green Car Congress

Volkswagen is offering an incentive of up to €10,000 (US$11,815)—depending upon the model purchased—for the purchase of Euro 6 vehicles in Germany if an older diesel vehicle (Euro 1 to Euro 4 standards) is scrapped at the same time. Volkswagen is giving a clear signal for the renewal of the vehicle fleet in Germany.

Germany 170
article thumbnail

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

Electric Vehicles India

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. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

Nepal 103
article thumbnail

Scrappage scheme scrap ends

Green Cars News

Carmakers are back on board the scrappage scheme following yesterday’s fiasco which saw the like of Ford and Honda suspend their participation in the scheme while issues over VAT payments were cleared up. Tags: Ford Green credentials Honda incentive scrappage scheme suspend.

article thumbnail

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

Green Car Congress

However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

2015 150