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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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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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Reducing the cost of electric vehicles

Electric Vehicles India

The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles. for a period of five years.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

Retail vehicle registrations have maintained volumes far better than wholesale vehicle sales, which may provide stronger guidance for dealer orders. This small improvement in sales is based on a series of technical factors being closely monitored by IHS analysts, including the benefits of lower car prices and lower interest rates.

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

Electric Vehicles India

But due to Khatiwada’s move spiked prices of electric vehicles by 120-140% which made them out of the market and less competitive when compared to the ICE vehicles. Also read related article: Union Minister announces Vehicle Scrappage Policy .

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Scrappage scheme sees end to Jags, Mercs and even a Morris Minor

Green Cars News

The Government’s car scrappage scheme has got off to a flying start as the end of its first week draws to a close. According to Hyundai, their dealers have been surprised by the array of cars which have been scrapped in exchange for more environmentally friendly i10 and i120s. Tags: Hyundai government scheme scrappage £2000.

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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. North America. million units. million units. Europe; Russia influences.

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