Remove Cars Remove Engine Remove Petrol Remove Tax
article thumbnail

Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Hybrid cars have been touted as the bridge to fill in the gap between internal combustion engine technology and electric propulsion tech.

Tax 95
article thumbnail

Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. Last month, 11,579 new passenger cars were registered in Norway, 1,369 (-10.6%) fewer cars compared to October 2020, as per the Norwegian Road Traffic Information Council (OFV). .

Norway 145
article thumbnail

UP stands firm on hybrid car tax waiver: Report. What effect will it have on EVs

Baua Electric

In July 2024 the state introduced a tax waiver for hybrid cars. --> Uttar Pradesh has been one of the the main contributors when it comes to sales for India’s automotive market. In July 2024 the state introduced a tax waiver for hybrid cars. In July 2024 the state introduced a tax waiver for hybrid cars.

Tax 52
article thumbnail

Tata Motors to manufacture hybrid cars in India? Top official drops a hint

Baua Electric

Currently, carmakers like Toyota Motor, Maruti Suzuki and Honda Cars offer hybrid vehicles. Read more Tata Motors is among the leading carmakers in India which offer vehicles run on petrol and diesel. It also offers electric and CNG cars as part of alternate fuel powered vehicle. Will Tata Motors build hybrid cars?

India 52
article thumbnail

Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. In 2023, the industry witnessed the share of hybrid vehicles increase to around 2% from 1.7%.

Tax 40
article thumbnail

McLaren takes hybrid approach to super EVs

EV Central

Ferrari’s first EV has been spotted in testing, Lamborghini says it is working “full throttle” on one of its own, but at British dream-car maker McLaren, a fully electric super car has been pushed to the back of the garage, due to “lack of demand”. In markets like Thailand and Vietnam, they even have a hybrid tax benefit.

Hybrid 105
article thumbnail

German new-car market slumps into worrying decline in August

Baua Electric

05 September 2024 Read next Monthly Market Update: BEVs record another used-car market low in August 04 September 2024 Read next Balancing the price and performance of EV batteries 04 September 2024 The German new-car market recorded a significant registrations decline in August, with battery-electric vehicles (BEVs) driving the downfall.

Market 52