article thumbnail

Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.

Scrappage 105
article thumbnail

Cautious welcome for scrappage extension

Green Cars News

Since the announcement that the car scrappage scheme in the UK will be extended (see article ) a host of important industry names have been having their say on the plans, with a cautious but generally positive welcome for the proposals. we want to know what you think of the decision to extend the scrappage scheme.

article thumbnail

Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

The Administration is seeking to get Recovery Act funds to purchase government cars out as quickly as possible, which could bolster annual sales by some 100,000 units. The government is accelerating its efforts through consumer and lending initiatives and working with auto finance companies to increase the flow of credit.

Obama 150
article thumbnail

Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. The consumer incentive will reduce the purchase price of zero emissions vehicles, which encourages suppliers to provide these choices to meet new consumer demand. Drive Electric supports the Land Transport (Clean Vehicles) Amendment Bill (‘the Bill’), and encourages New Zealand to be ambitious. Consumer education .

Clean 52
article thumbnail

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

By signalling to New Zealanders that fossil fuel vehicles are being phased out, they can factor this into their decision-making about their next car purchase. Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. This is also a matter of fairness. This creates a distortion.

article thumbnail

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. The changes planned are meant to alleviate increasing air pollution as well as save energy costs.