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

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

Electric vehicles in Maharashtra will attract financial incentives ranging from Rs 10,000 to Rs 20 lakh and the housing societies will get rebates in property tax for setting up charging stations. It has said that EVs will be exempt from road tax and registration charges. Electric scooters price drop . 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 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. million units.

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More details on cash for guzzlers programme

Green Cars News

The vehicle scrappage scheme may be in full swing here in the UK, but in the United States there remain a number of questions shrouding the proposed ‘cash for guzzlers’ programme. How will dealers register? Dealers should receive letters from a National Highway Traffic Safety Administration contractor by mid-July.

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Is a green tax blitz justified? The Green Piece

Green Cars News

So would these tax hikes linked to the amount we pollute be justified? Is a green tax blitz justified? The 100-page report wants to double the proportion of green taxes in the current tax take from the existing level of seven per cent. Among its suggestions is a £300 tax on new cars, increasing annually to £3,300 by 2020.

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