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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. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. .

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. Drop-in battery price will result in cost reduction of electric vehicles. Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs.

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Will you save money if you buy a green car? The Green Piece

Green Cars News

Certainly the Government’s scrappage scheme has attracted new car buyers who only have the money to buy some of the cheaper new vehicles. The fewer emissions that come from a vehicle, the less its driver will have to pay on vehicle excise duty each year.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Drive Electric has advocated for a comprehensive plan to decarbonise transport for the past two years. GM has announced that by 2025 they will introduce 30 new EV models and by 2035 they will only retail electric vehicles. . Scrappage schemes . The scheme must target older vehicles that are still currently in use.