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Chinese Car Buyers Recently Scooped Up More EVs and PHEVs Than Gas Vehicles for the First Time

The Truth About Cars

Electric vehicle market share is growing in the U.S., Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. China refers to the two vehicle types as “new energy vehicles,” or NEVs.

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

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Electric vehicle market share is growing in the U.S., Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. China refers to the two vehicle types as “new energy vehicles,” or NEVs.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

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

Baua Electric

As many as 450-500 automated vehicle testing stations and 50-75 registered vehicle scrapping facilities were targeted to be set up by private firms in partnership with states in the mid-term. The Centre is considering setting up a dedicated fund to incentivise new vehicle buyers among steps to push customers to scrap old vehicles.

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Maharashtra unveils new EV Policy 2021 

Electric Vehicles India

The government of Maharashtra has unveiled its draft Electric Vehicle Policy 2021 for the faster adoption of electric vehicles in India and to achieve a 10 per cent share of total registrations by 2025. Maharashtra aims to make up 10 per cent of all new vehicle registrations around three lakh vehicles a year in the state by 2025.

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Scrap your old car, save big on your next buy: Major offers announced across India – ET Auto

Baua Electric

As for fitness checks, there are currently 52 automated testing stations (ATS) that are operational for checking the fitness of vehicles across 11 states and UTs. Under this offer, there will be a concession in motor vehicle price or road tax of up to 25% when a customer goes to buy a new personal vehicle after scrapping their old one.

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