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All petrol car sales must stop by 2038 for transport sector to meet net-zero

The Driven EV News

The post All petrol car sales must stop by 2038 for transport sector to meet net-zero appeared first on The Driven. The global road transport sector can still reach net-zero emissions by 2050, says BloombergNEF, but only if the last ICE vehicle is sold by 2038.

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EV sales in India: Hero Electric, Tata Motors, BMW

Electric Vehicles India

EV sales in India: Hero Electric, Tata Motors, BMW. The adoption of electric vehicles is increasing every day and the sales of EVs is also rising in India. India has witnessed electric vehicles sales three times in the first half of the ongoing fiscal. Read further to know more about EV sales in India. EV sales in India.

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Why communication is key to accelerating electrification

My Energi

The used EV market is booming too, with second hand sales reaching record levels in Q2 2023 and demand up 80% quarter-on-quarter. [2] While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than the anti-electrification crowd would have you believe. 2] So, is the switch to EVs faltering?

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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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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

Predictably, the petrol segment continues to dominate the market The used car industry is generally three to five years behind the trends in the new car market. Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Mahindra FirstChoice enables used car sales through inspections before it goes for financing.

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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

He further cited a recent report suggesting the realization that most people who drive hybrid vehicles, do it mostly on petrol, negating potential environmental gains. Minister of Road Transport and Highways Nitin Gadkari is reported to have urged the finance minister to reduce the goods and service tax on hybrid vehicles to 12%.

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Is misinformation putting the brakes on the used EV market?

My Energi

1] Used plug-in hybrids (PHEVs) also grew in popularity, with sales up 11%. Indeed, as a percentage of total used car sales, plug-in vehicles comprise less than 2% of transactions. It might sound obvious, but the latest models have been designed to far outperform their petrol and diesel predecessors. But what’s the truth?

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