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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.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

HVIP is unique among incentive programs and is viewed as more powerful than other incentive programs in accelerating adoption of zero tailpipe emission commercial vehicles in that it is a first-come, first-served incentive program that does not require the retirement and scrappage of an existing diesel vehicle.

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Scrappage Policy in India: Will It Boost EV Adoption?

Get Electric Vehicle

The Voluntary Vehicle Fleet Modernisation Programme, often known as the vehicle scrappage program, was launched on August 13 by Prime Minister Narendra Modi. . The Vehicle Scrappage Policy’s Highlights. The scrappage program is claimed to benefit India’s ailing automotive industry. Conclusion.

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

The increase in average age will further drive vehicle maintenance opportunities from an increasingly aged vehicle fleet. While new vehicle sales proved resilient, the most significant impacts to VIO from the pandemic were felt in the rate of vehicle scrappage and vehicle miles traveled. of VIO for the whole year.

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ACEEE Criticizes New Vehicle Scrappage Program

Green Car Congress

The American Council for an Energy-Efficient Economy ( ACEEE ) issued a statement criticizing the new agreement on a vehicle scrappage program emerging from the House Energy and Commerce Committee. The vehicle scrappage program would offer vouchers of $3,500 or $4,500 for consumers to retire their vehicles and purchase new ones.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. million (1.5 percent) since last year.

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Nikola Tre FCEV receives CARB HVIP incentive eligibility; $240,000 to $288,000 per truck

Green Car Congress

California’s HVIP accelerates the adoption of zero tailpipe emission commercial vehicles on a first-come, first-served basis that does not require the retirement and scrappage of an existing diesel vehicle. Nikola’s Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022.