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Scrappage Policy in India: Will It Boost EV Adoption?

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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. Since the second part of 2019, the Indian car industry has been in turmoil. Scrappage Policy and EV Sector.

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

Green Car Congress

COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. of VIO for the whole year. million according to current forecasts, which can be expected to mute average age growth.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

automotive and energy industries. The analysis addressed every aspect of the vehicle and fuel life cycles, including manufacturing, end-of-life disposal (recycling and scrappage), and vehicle operation, as well as fuel feedstock production and transportation, fuel production, and fuel distribution. —Elgowainy et al.

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Reducing the cost of electric vehicles

Electric Vehicles India

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. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari. for a period of five years.

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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., Considering the 4-6 year vehicle product planning, design, and introduction cycles where major retooling of automobile plants is needed, the researchers said, such longer term programs could actually induce technology changes. Earlier post.).

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

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Scrappage scheme could be popular than expected

Green Cars News

The scrappage scheme announced as part of the Budget last week, could be more popular than the government expects according to the Insistute of Fiscal Studies (IFS). While new cars have lower emissions per mile, they may be driven more and there are environmental costs associated with their production. This will mean fewer sales later.