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Scrappage Policy in India: Will It Boost EV Adoption?

Get Electric Vehicle

The Voluntary Vehicle Fleet Modernisation Programme, often known as the vehicle scrappage program, was launched on August 13 by Prime Minister Narendra Modi. . The Vehicle Scrappage Policy’s Highlights. Since the second part of 2019, the Indian car industry has been in turmoil. Scrappage Policy and EV Sector.

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. of VIO for the whole year. of VIO for the whole year.

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New Car Registrations in UK fall 30.9% in January; Industry Urges UK Government to Provide Scrappage Incentives to Boost Demand

Green Car Congress

A number of EU member states have launched scrappage incentive schemes, which have the benefit of boosting consumer confidence and delivering significant environmental improvements. The UK motor industry is urging UK government to introduce a similar scheme and help sustain jobs and businesses throughout the sector. Vehicle Criteria.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

automotive and energy industries. The analysis addressed every aspect of the vehicle and fuel life cycles, including manufacturing, end-of-life disposal (recycling and scrappage), and vehicle operation, as well as fuel feedstock production and transportation, fuel production, and fuel distribution. —Elgowainy et al.

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Renewed push: Centre weighs dedicated fund to drive vehicle scrapping and new car sales – ET Auto

Baua Electric

There are no regulations barring use of vehicles more than 15 years in rural areas, which has spawned a growing market for pre-owned cars in the hinterlands, limiting the scrappage aims, according to a government study. A senior industry executive however said the steps outlined in VVMP are still to be entirely implemented. “So

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Extended Scrappage Scheme goes live

Green Cars News

The extension for the Scrappage Scheme goes live today, after the funds for the original scheme ran out. From today, the new terms of the Government’s scrappage scheme come into force meaning that even more vehicles will be eligible under the scheme. Industry figures show that the scrappage scheme is continuing to boost the market.

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Ford to sweeten scrappage deal – but is it green?

Green Cars News

Unsurprisingly there is still frenzied interest in the announcement of a vehicle scrappage scheme by Alistair Darling as part of his 2009 Budget. The so-called Scrappage Plus discounts will be available over and above the Government and industry’s shared £2,000 subsidy. Sound good? Well, there is a catch.