Industrial Manufacturer Scrappage Tax 
Electric Vehicles India
DECEMBER 14, 2021
The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.
Green Cars News
MAY 19, 2009
Carmakers are back on board the scrappage scheme following yesterday’s fiasco which saw the like of Ford and Honda suspend their participation in the scheme while issues over VAT payments were cleared up. Other ‘administrative issues’ over tax liabilities have now also been clarified.
Green Car Congress
MARCH 10, 2011
There is no doubt that electric vehicles are the future of the automotive industry. —David Raistrick, automotive partner and head of manufacturing at Deloitte UK. Our research shows that there are specific design targets that manufacturers must reach in order to entice car buyers. —David Raistrick.
Green Car Congress
FEBRUARY 3, 2015
in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units.
Green Car Congress
MARCH 30, 2009
Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business.
Green Cars News
OCTOBER 19, 2009
A bus company on the Isle of Wight has launched its own version of the car scrappage scheme, offering motorists free travel on its buses for a year in exchange for their old banger. The government funded Car scrappage is a scheme that does nothing to tackle the fact that we have to encourage people to use their cars less.
Green Car Congress
JULY 26, 2017
Another element in the plan includes possible civil and criminal charges against manufacturers implementing emissions defeat devices, with fines of up to £50,000 (US$65,000) per instance. The NO 2 plan is one element in the Government’s efforts to deliver clean air. Further details will be announced later this year.
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