Remove Petrol Remove Production Remove Scrappage Remove Tax
article thumbnail

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.

Cost Of 101
article thumbnail

The Budget 2009 - working towards sustainable transport

Green Cars News

Increasing company car benefit in kind tax in the future for all but the lowest carbon cars. Introducing a vehicle scrappage scheme. From April 2010 anyone buying a new car will pay a different rate of vehicles tax in the first year of registration. Company Car Tax. Confirming future increases in fuel duty. P11d value**.

article thumbnail

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

per cent of the world’s car production annually, so securing new and used inventory is extremely possible. Furthermore, reducing emissions for freight transport will require a considered view on how raw materials, manufactured goods and imported products move to and around our country, and the interconnections between transport modes.