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New EV incentive scheme will increase e-2W costs by 10% vis-a-vis FAME 2: ICRA | Autocar Professional

Baua Electric

The initial purchase cost of an electric two-wheeler would increase by 10% with the implementation of the Central Government’s recently announced Electric Mobility Promotion Scheme (EMPS) 2024.

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. Still, this probably isn’t a bad deal for those already interested in purchasing an EV from Hyundai. Meanwhile, U.K.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Green cars” can be defined as vehicles that use alternative fuels (other than petrol or diesel) and/or alternative types of propulsion (other than the conventional ICE). For example, one factor that is holding back purchases of electric vehicles in particular is the limited driving range.

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UK wants to ban 100% ICE power by 2030

EV Info

Boris has spoken and started the end of the petrol engine in the UK. Under Boris’s new Green plan, the sale of new combustion engine vehicles, that are powered wholly by Petrol or Diesel will be banned from 2030. Does this mean you will only be able to purchase an electric vehicle from 2030 onwards?

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

He further cited a recent report suggesting the realisation that most people who drive hybrid vehicles, do it mostly on petrol, negating potential environmental gains. Minister of Road Transport and Highways Nitin Gadkari is reported to have urged the finance minister to reduce the goods and service tax on hybrid vehicles to 12% from 28%.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

The consumer incentive will reduce the purchase price of zero emissions vehicles, which encourages suppliers to provide these choices to meet new consumer demand. The UK will end the sale of new petrol and diesel cars and vans by 2030. We support this direction, particularly if it is aligned to other markets like the United Kingdom.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. On the demand side, an ICE phase-out is easy to communicate to consumers, which will increase the perception that petrol-powered vehicles are becoming socially unacceptable.