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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

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. . Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada.

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[PRESS RELEASE] DRIVE ELECTRIC RESPONSE TO CLEAN CAR DISCOUNT CHANGES.

Drive Electric

Drive Electric analysis done in March showed the reduction in emissions of vehicles imported since the policy came into effect will save more than 2m tonnes of emissions over the lives of those vehicles, and $100m a year in petrol and diesel. There’s more to do. This discount won’t be needed forever – perhaps only another few years.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. Globally, 500 EV models are now on the market, ranging from compact cars and two-seaters through to large sedans, SUVs, and sportscars. The UK will end the sale of new petrol and diesel cars and vans by 2030. FBT, depreciation); and. Drive Electric members’ views. International supply .

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. On the demand side, an ICE phase-out is easy to communicate to consumers, which will increase the perception that petrol-powered vehicles are becoming socially unacceptable. Scrappage schemes .