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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

It pointed out that the automobile sector provides direct and indirect employment to 75 lakh persons. He said that in the near future, electric vehicles will be cheaper than petrol and diesel ones. Finance Minister Nirmala Sitharaman in her budget announced the voluntary vehicle scrapping policy to phase out old and unfit vehicles.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

You’ll know exactly how much you need to budget for your Cupra Formentor lease deal each month, making it easier to manage your finances. Lower Running Costs Electric vehicles are renowned for their lower running costs compared to traditional petrol or diesel vehicles.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

To make matters worse, even vehicle finance rates are at their peak at 9.5%. The gap between the ability of a person to buy a small car and the price of the small car will keep narrowing,” Bhargava said. Also, the availability of financing options means more people can afford to buy a used car,” he explained. lakh to Rs 8.2

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. A relaxation of 2030 would undermine all three,” she said.

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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. There are two main forms of leasing: Contract Hire and Contract Purchase. Contract Hire. Contract Purchase.

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Maruti Suzuki brands remain top choice for used car buyers in 2023: CARS24 – ET Auto

Baua Electric

increase for the first time in several years, indicating a unique shift in what consumers are looking for: Cars that are economical to run, with CNG-powered vehicles providing significant savings compared to petrol and diesel alternatives. In cities like Mumbai, where petrol was priced at INR 106.29 a litre and diesel at INR 94.27

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OLA Electric : Feedback To Management & Community Sentiments

Plug In India

Regarding OLA’s message on the semiconductor shortage, I personally feel that is just an excuse. If they don’t even deliver even a single scooter by December last week, then there will be a serious erosion of trust by customers Petrol Scooters Sucks! There needs to be a personal touch. Thus the delay.