Electrek

JANUARY 9, 2024

Swedish lithium-ion battery maker Northvolt locked in European approval for a €902 million ($986 million) subsidy from the German government to build its gigafactory there. more… The post Northvolt gains huge subsidy to build its gigafactory in Germany appeared first on Electrek.

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Electrek

FEBRUARY 12, 2024

Just four months after France’s Prime Minister announced a new EV subsidy program to incentivize drivers to go all-electric, the government is putting a halt to the savings, at least for the rest of the year.

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Electrek

JANUARY 3, 2024

It was a very good year in France for electric cars, for all kinds of reasons – among them, new cheaper cars entering the market supported by generous government subsidies. In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022.

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Teslarati

DECEMBER 18, 2023

Tesla announced plans to compensate for electric vehicle (EV) subsidies in Germany after the government abruptly ended the incentives program for EVs. The Texas-based automaker said it would also maintain its manufacturer’s share of €2,250 in its new Model 3 and Model Y orders, starting December 18 to 31.

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Baua Electric

MARCH 13, 2024

Settling the uncertainties around the future of subsidies for electric vehicles, the Ministry of Heavy Industries today unveiled a new scheme named Electric Mobility Promotion Scheme 2024 to continue subsidies for electric two and three-wheelers. The scheme so far provided subsidies to around 1.47

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Electrek

FEBRUARY 15, 2024

South Korea’s government looks to give domestic automakers Hyundai and Kia a break with its new EV policy. The new EV subsidy policy is in response to price cuts on Tesla’s Model Y and BYD’s models, which use lower-cost LFP batteries.

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Teslarati

NOVEMBER 5, 2021

The Indian State of Delhi has decided to do away with electric vehicle subsidies, incentivizing drivers to purchase EVs. New reports from various Indian media outlets have stated that the country’s electric vehicle policy has been revised with the intention of withdrawing EV subsidy programs that offer rebates when EVs are purchased.

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Electric Auto Association

MARCH 2, 2022

The working paper, Balancing Equity and Effectiveness for Electric Vehicle Subsidies , also revealed that savings from EVs relative to income are significantly higher for low-income households, non-White households, and households in areas with higher levels of pollution.

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The Driven EV News

FEBRUARY 18, 2024

The German government has terminated two subsidy schemes for electric trucks and buses, because of budget constraints. The post Germany axes subsidies for electric trucks and buses appeared first on The Driven.

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Teslarati

DECEMBER 8, 2023

Thailand’s automotive industry is already one of the largest in Southeast Asia, and it includes Japanese giants like Toyota, Isuzu, and Honda, but the Thai government seems determined to move towards electric vehicles. Government subsidies currently reach up to 150,000 baht (about $4,200) per vehicle.

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Electric Vehicles India

JULY 23, 2021

Joy e-bike gets 12k subsidy for school & college students. To promote and encourage the growth of electric vehicles in India the state governments are announcing EV policies to offer incentives to the people. Let us know more about Joy e-bike gets a 12k subsidy. . Four-wheelers will get a subsidy of 1.5

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Baua Electric

MARCH 30, 2024

lakh units in the current month and enter the slow lane from April 24 onwards due to the imminent revision in subsidies. Electric two-wheeler and three-wheeler sales are expected to touch nearly 1.5 According to various dealer and original equipment manufacturer (OEM) estimates, consumers are making a beeline for dealerships.

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Baua Electric

MARCH 27, 2024

Further, discussing the uncertainties around subsidies for electric two-wheelers, Shah remained assured that while India’s electric two-wheeler industry is poised to take off, reaching the government’s ambitious target of 35-40% penetration by 2030 might require extending current subsidies.

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Teslarati

JANUARY 10, 2024

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The post EU’s anti-subsidy EV probe prompts retaliation from China appeared first on TESLARATI.

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Teslarati

JANUARY 3, 2022

China announced that it would eliminate subsidies that encourage consumers to purchase electric vehicles by the end of 2022. The Ministry said in April 2020 that subsidies would be cut by 10% in 2021 and 20% in 2022. The plan is for China to have at least 20% of its new car sales in 2025 be made up of NEVs.

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Baua Electric

FEBRUARY 26, 2024

The program is in line with new government subsidies for electric cars. A Kia official said, “We have prepared special benefits in connection with government policy to expand the distribution of electric vehicles.” Kia electric model New price (with subsidies) Old price Difference EV6 Long Range (2WD 19″) KRW 39.04

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Teslarati

SEPTEMBER 9, 2021

billion ($325 million) in government subsidies for new energy vehicles, the highest amount granted to a carmaker in the country. As per the Ministry of Industry and Information Technology, about 101,000 Teslas were granted subsidies over the course of 2020, which accounted for about 68% of its total China sales.

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Electric Vehicles India

MARCH 6, 2023

Uttar Pradesh’s exemption complements the subsidy provided by the Central government. Earlier this week, the Uttar Pradesh government issued a long-awaited Government Order (GO) paving the way for the purchase of electric vehicles in the state to be exempted from road tax and registration fees. 15,000 to Rs.20,000

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Baua Electric

MARCH 4, 2024

The state government will also assist companies setting up semiconductor units here in skills and training, in addition to establishing a research and development centre along with the centre of excellence. Besides, units investing up to a maximum ofINR 7 crore can avail the interest subsidy.

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The Driven EV News

FEBRUARY 6, 2023

German electric vehicle sales have fallen sharply in January after December boom due to end of government subsidies. The post Electric car sales plummet in Germany following subsidy cut appeared first on The Driven.

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Germany Sale Electric Cars Cars 96

Baua Electric

APRIL 11, 2024

Sales of electric two-wheelers, cars and buses are gradually gaining momentum in the country, driven by lower lifetime ownership costs, the availability of more models and purchase subsidies. State transport units are the major source of electric bus sales in the country and it is reliant on government procurement.

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Baua Electric

JANUARY 11, 2024

Tarun Mehta, CEO an Co-founder of Ather Energy – the third largest electric two-wheeler maker says the FAME subsidy should continue and it is necessary for a few more years before it can be gradually reduced. The subsidy was reduced after the funds envisaged for the two-wheeler segment were exhausted.

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Green Car Congress

OCTOBER 5, 2016

In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. Subsidies totaled RMB33.44

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Teslarati

JANUARY 30, 2023

Tesla China’s momentum in the country may be boosted in cities such as Shanghai, despite state subsidies for new electric vehicles expiring at the end of 2022. The Shanghai government recently revealed its plan to stabilize economic growth. That program expired at the end of the year, as noted in a CNEV Post report.

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China Tesla Purchase Tax 93

Teslarati

DECEMBER 18, 2022

The Tesla Model 3 RWD and Model Y RWD just qualified for a temporary and new local subsidy in Shenzhen, China. As the new year approaches, the new local government subsidies will most likely help to encourage sales of popular vehicles like the Tesla Model Y. Follow us for interactive news & more.

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The Driven EV News

JUNE 6, 2023

Victorian government to scrap its $3000 EV subsidy this month, well ahead of schedule and below its promise of 20,000 allocations. The post Victoria in shock move to scrap $3,000 electric vehicle rebate appeared first on The Driven.

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Baua Electric

OCTOBER 8, 2023

BYD isn’t anxious in regards to the EU’s investigation into EVs exported to Europe from China, Government Vice President Stella Li mentioned. The post BYD will stick with Europe expansion plans regardless of subsidies probe appeared first on Bauaelectric Auto News.

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Electric Vehicles India

JUNE 22, 2021

Gujarat government announced electric vehicle policy 2021. The new Electric Vehicle Policy 2021 will be implemented for the next four years. The government of Gujarat aims to have two lakh electric vehicles in the state in the next four years. Subsidy up to Rs 20,000 for 2 wheelers, Rs 50,000 for 3 wheelers and up to Rs 1.5

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The Truth About Cars

APRIL 11, 2024

Though it’s growing rapidly, the Chinese automotive sector has been criticized by Europe, America, and others for the government’s heavy subsidies that make it unfairly competitive against higher-priced Western models. Image: Sheila Fitzgerald via Shutterstock] Become a& TTAC& insider.

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Electrek

SEPTEMBER 6, 2021

The German government is finalizing a subsidy package that could give Tesla (TSLA) over $1 billion in government funding for its new battery factory at Gigafactory Berlin.

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Teslarati

JULY 27, 2022

The German government announced on Tuesday its new plan of financial incentives for electric vehicle purchases. Conversations regarding the potential elimination of these subsidies continued into late last month when German Finance Minister Christian Lindner said it may be time to eliminate the programs.

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Germany Climate Protection Purchase Climate 86

Teslarati

MAY 11, 2021

The Chinese Government is seemingly supporting the construction of more battery swapping centers as part of the country’s growing electric vehicle infrastructure. The government’s support for battery swapping systems gives NIO an advantage in the Chinese car market. . NIO recently announced its foray into Europe, starting with Norway.

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The Truth About Cars

MARCH 28, 2024

The country’s electric vehicle industry has grown rapidly in recent years, as government subsidies and other incentives have driven research and development of new models. That said, there is still the matter of Chinese tariffs, which can add thousands to the price of a new EV as it enters the United States. others might.

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Baua Electric

MARCH 15, 2024

The initial purchase cost of an electric two-wheeler would increase by 10% with the implementation of the Central Government’s recently announced Electric Mobility Promotion Scheme (EMPS) 2024. Around two-thirds of the outlay is proposed to be earmarked for e-2Ws.

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Baua Electric

APRIL 17, 2024

Government subsidies and burgeoning infrastructure development are fuelling EV sales. FAME subsidy compliance by OEMs According to Dhruv Patel, FAME compliance is very important for the OEMs, as close to 25% of their revenues are stuck there. The scheme has already provided subsidies to approximately 1.47

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Electric Vehicles India

JULY 19, 2021

After the Meghalaya , Gujarat , Delhi , Telangana , and Maharashtra governments and Goa draft EV policy announcements, Rajasthan has now unveiled its own initiative to boost the adoption of electric vehicles in the state. I think the government needs to revise the EV policy again.

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Baua Electric

JANUARY 14, 2024

While manufacturers are being lured by capital subsidies, TN is leveraging its unique ‘payroll subsidy’ to lure chip design multinationals and startups to create jobs in the state. This payroll subsidy shall be capped at `20,000 per employee a month. The policy does strike a balance between manufacturing and design of chipsets.

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