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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. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. The government has set the growth of 6.5

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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. Drop-in battery price will result in cost reduction of electric vehicles. for a period of five years.

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Will you save money if you buy a green car? The Green Piece

Green Cars News

With millions of motorists across the country continuing to reel from the global economic crisis, predictions that petrol prices could hit 120p a litre by the end of the year are having a significant impact on our vehicle buying habits. Also factor in the savings that could be made on road tax, congestion and even car insurance.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

EVs are a technology that are now proven, are increasingly price competitive, and will be the future of the automotive industry. We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. Scrappage schemes . This is also a matter of fairness.

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Is a green tax blitz justified? The Green Piece

Green Cars News

So would these tax hikes linked to the amount we pollute be justified? Is a green tax blitz justified? The 100-page report wants to double the proportion of green taxes in the current tax take from the existing level of seven per cent. Among its suggestions is a £300 tax on new cars, increasing annually to £3,300 by 2020.

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