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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Car prices to fall as scrappage ends?

Green Cars News

According to the firm, some car manufacturers will reduce their prices in a effort to increase sales and counteract a fall in registrations as the Scrappage Scheme ends this month. Tags: Green credentials fall Glass guide new cars price scheme scrappage tax.

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Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

Electric vehicles in Maharashtra will attract financial incentives ranging from Rs 10,000 to Rs 20 lakh and the housing societies will get rebates in property tax for setting up charging stations. It has said that EVs will be exempt from road tax and registration charges. Scrappage incentive. Maharashtra EV Policy 2021 .

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UK New Car CO2 Emissions Drop by Biggest Ever Margin in 2009

Green Car Congress

Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).

2009 291
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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. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

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Scrappage scheme scrap ends

Green Cars News

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.

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Deloitte study concludes mass adoption of EVs in Europe is some distance away

Green Car Congress

—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. It is clear that this innovation is a priority for car manufacturers. Range, price and charging concerns need to be addressed.

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