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Rising UK sales reflects growing consumer confidence in EVs

My Energi

1] In comparison to diesel sales, which are down 12% compared to 2023, and petrol sales, which plummeted 7.8% As a result, some respondents admitted to not being interested in buying an EV full stop, while others said they would only consider purchasing if prices dropped considerably. But are these concerns warranted?

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. So, with supply slim and prices high, is going electric necessarily the right choice for every motorist? Renault ZOE Z.E.40 Rising electricity bills.

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EV Grants slashed overnight

EV Info

On March 18th with no warning or discussion the EV grants used to help finance an EV or Plug in were removed, Plug-in car grant drops from £3k to £2.5k. Electric cars are already expensive and adding more to the price is a dead certain to slow down the ramp. What are they thinking? Eligibility upper limit reduced from £50k to £35k .

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada.

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Why communication is key to accelerating electrification

My Energi

As a result, 60% of those aged over 55 were not interested in buying an EV full stop, while many other demographics would only consider purchasing if prices dropped considerably – a concerning picture indeed for the UK’s transition to electrification. 2] So, is the switch to EVs faltering? But why is this relevant? 4] Is the additional £3.71

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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

Predictably, the petrol segment continues to dominate the market The used car industry is generally three to five years behind the trends in the new car market. Right now, diesel cars in the market are actually having higher resale value, because the supply is getting lesser in the used cars. The preference for SUVs is growing.

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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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