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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

New car prices are set to fall-that’s the prediction from leading car data providers, Glass’s. 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.

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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. Electric scooters price drop . Scrappage incentive.

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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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Drivers can go green with scrappage scheme

Green Cars News

The environmental benefits of the scrappage scheme is certainly open for debate - but drivers that pick up the ultra-green new SEAT Ibiza SC Ecomotive will certainly be doing their bit for the cause.

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Drivers urged to take advantage of the car scrappage scheme if they can

Green Cars News

Motorists who have an old car could benefit from the Government’s car scrappage scheme, if they have the money to spare. To qualify for the proposal, which gives the car owner €1,500 off the Vehicle Registration Tax (VRT) share of a new price car, they must have a vehicle that is aged 10 years or [.].

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2

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