Market Scrappage Tax 
Green Car Congress
MARCH 13, 2010
Average new car CO 2 emissions in the UK fell by their biggest ever margin last year with the impact of recession and the Scrappage Incentive Scheme boosting the continued influence of technological advances made by vehicle manufacturers, according to the annual New Car CO 2 Report from the Society of Motor Manufacturers and Traders (SMMT).
Green Car Congress
MARCH 29, 2019
The hotly anticipated car excelled during its first full month on the European market and became the best-selling BEV. Overall, the European car market registered its sixth consecutive month of decline in February 2019, as 1.14 Although BEV market share remained marginal at 1.9%, their volume increased by 92% to 20,000 registrations.
Electric Vehicles India
MAY 31, 2021
Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.
Green Car Congress
MARCH 10, 2011
However, while interest in electric vehicles is growing, with 69% of respondents willing to consider an EV today, current market offerings generally fall far short of consumers’ expectations for driving range, charging time, and purchase price. There is no doubt that electric vehicles are the future of the automotive industry.
Green Car Congress
FEBRUARY 3, 2015
However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Nigel Griffiths, chief automotive economist, IHS Automotive. North America.
Green Car Congress
MARCH 30, 2023
Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the Inflation Reduction Act. The HVIP program enables customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023.
Green Car Congress
FEBRUARY 8, 2023
Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”. The Tre BEV is also eligible for a variety of other incentives across the United States, including the $40,000 clean commercial vehicle tax credit from the federal government.
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