The Truth About Cars

AUGUST 9, 2024

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. It also helps the economy, creating new jobs and in-sourcing materials from within China rather than relying on foreign components. Chinese brands don’t yet sell in the U.S.,

Chinese 104

Chinese PHEV Gas Scrappage 104

The Truth About Cars

AUGUST 9, 2024

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. It also helps the economy, creating new jobs and in-sourcing materials from within China rather than relying on foreign components. Chinese brands don’t yet sell in the U.S.,

Acura 104

Acura Scrappage Concept SUV 104

Green Car Congress

FEBRUARY 3, 2015

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. As the Russian economy slumps into a deep recession in 2015, its negative impact on the Eurozone and surrounding countries could be large enough to offset the consumer benefit from falling fuel prices.

2015 150

2015 Light Global Market 150

Baua Electric

JANUARY 6, 2025

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Tariffs and import duties on vehicles, even those sourced from Mexico and Canada, could be impacted. billion light vehicles on the road today. Thailand, for example, has lowered the interest rate for automotive loans.

Global 52

Global Market North America PHEV 52