article thumbnail

VIA Motors sells 2,000 Class 3 electric chassis cabs to Pegasus Specialty Vehicles

Green Car Congress

VIA Motors, a provider of electric drive technology and sustainable mobility solutions for a wide variety of Class 2 – 5 electric commercial vehicles applications, has received a purchase order for 2,000 Class 3 VIA electric cutaway chassis cabs from Pegasus Specialty Vehicles.

Motor 485
article thumbnail

Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

article thumbnail

California Clean Fuel Reward surpasses 250,000 point-of-sale financial incentives for EV buyers; More than $319M provided to EV customers

Green Car Congress

More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%

Clean 317
article thumbnail

NY to award $18.9M to increase number of electric buses in state

Green Car Congress

Under this program, purchasers of new all-electric transit buses are eligible to have 100% of the incremental vehicle cost covered on the condition that these buses are housed at bus depots or operate on routes located within a half-mile of a disadvantaged community. Under the New York Truck Voucher Incentive Program (NYTVIP) program, $16.4

New York 345
article thumbnail

NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. To date, more than 11,000 rebates have been approved for New Yorkers to purchase electric cars.

New York 354
article thumbnail

Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Even under a relatively conservative baseline scenario that assumes no improvement in EV costs in the coming ten years, EV adoption could result in significant economic benefits by stimulating the overall economy, reducing pollution, and improving public health outcomes. billion from averted medical costs.

article thumbnail

Organised tyre re-treading to grow at 7-9% CAGR during FY2023-26, as recycling norms provides push | Autocar Professional

Baua Electric

The Central Pollution Control Board (CPCB), under the Ministry of Environment, has already granted registrations to 144 producers and 252 recyclers during FY23–24. Based on the quantity assigned in EPR obligation, the producer will accordingly purchase EPR certificate from a registered recycler.

India 52