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Reducing the cost of electric vehicles

Electric Vehicles India

Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

Cost Of 101
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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. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25 million units.

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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business. The government is accelerating its efforts through consumer and lending initiatives and working with auto finance companies to increase the flow of credit. President Obama.

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

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. However, will green cars really save you money? The Green Piece. suggests that drivers should think twice before going green. September 15, 2009.

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

89M – Green Bus Fund. The government will also issue a consultation in the autumn to gather views on measures to support motorists, residents and businesses affected by local plans—such as retrofitting, subsidized car club memberships, exemptions from any vehicles restrictions, or a targeted scrappage scheme for car and van drivers.

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Green car incentives coming to Israel

Green Cars News

The eagerness to reward green car buyers for their purchases now looks likely to extend to Israel, where the finance ministry is planning new regulations on car purchasing according to Reuters. It is expected that the cars with the highest fuel consumption levels, such as SUVs, will face increased taxes and duties.