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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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Nikola marks 100-salesorder milestone for Nikola Tre Hydrogen FCEV Class 8 truck; bolstered by HVIP

Green Car Congress

Nikola announced that Nikola and its dealer network have received orders for 100 Class 8 Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the Inflation Reduction Act.

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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.

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Volkswagen Group rolls out diesel swapping program throughout Germany

Green Car Congress

Environmental incentives for scrappage of Euro-1 to Euro-4 diesel vehicles of any make are again being offered by some of the Group’s brands throughout Germany. These premiums will be paid in addition to the vehicle’s residual value when trading in a Euro-4 or Euro-5 diesel vehicle of any make. Independent studies (e.g.

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

Green Car Congress

IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast. Click to enlarge.

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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.

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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.

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