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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. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 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.

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Electric company car tax explained

Drive Electric

April 2020 was a watershed moment for electric vehicles (EVs) as company cars. The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars.

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EVs in demand! BYD Atto 3 and Tesla Model 3 fastest-selling used cars in Australia

EV Central

Fresh data reveals used electric vehicles are now in high demand as buyers look to cash in on low retained values and tax benefits related to novated leasing. Used EVs retained value significantly underperforms ICE vehicles. This is the first time EVs have featured on the list, let alone topped it. days to sell.

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UK electric vehicle charging costs increase by 42%

Setec Powerr

As a result of the energy crisis, the price of charging at public fast charging stations for electric vehicles in the UK has increased by 42% in the past four months. UK car service company RAC said the price of charging at charging posts has increased by an average of 18.75p/kWh since May this year and now stands at 63.29p/kWh.

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Over 200,000 Pure Electric Vehicles to hit UK roads in 2021

Drive Electric

We use our own model built from intelligence of the UK market to forecast registrations of battery electric cars and vans. We’re predicting at least 200,000 new electric vehicles (EVs) will be registered in the UK in 2021.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles.