EV Central

DECEMBER 10, 2024

If youre eyeing one of the increasing number of plug-in hybrids arriving on Aussie roads and keen to exploit the fringe benefits tax exemption then act fast! But there are also SUVs, led by the new petrol-electric BYD Sealion 6, which have helped boost interest in PHEV technology. The post Plug pulled!

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PHEV Australia Tax Plug-in 102

Drive Electric

MAY 25, 2021

The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars. What is company car tax? How much is company car tax? Company Car Tax bands.

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Tax Companies Cars Electric 95

Green Car Congress

AUGUST 4, 2018

This could result in significant financial penalties for automotive manufacturers in EU member states where CO 2 drives taxes. More significantly, automotive manufacturers could face significant penalties, under the EU regulation that penalizes carmakers for every gram over the CO 2 reduction target.

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Tax 2018 Gasoline Diesel 186

Baua Electric

APRIL 3, 2025

03 April 2025 Read next Painful petrol performance in France amid hybrid growth 02 April 2025 Read next Monthly Market Update: Used-car sales pick up speed in March 01 April 2025 Read next How many EV batteries were produced globally in 2024? Tax break extended Furthermore, the tax break for EVs will be extended.

Spain 52

Spain Market PHEV Cars 52

Teslarati

JUNE 6, 2023

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

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Tax Credit California Toyota Tax 145

Green Car Congress

AUGUST 4, 2016

More than 84% of car buyers surveyed are also worried about possible legislation changes that may affect the cost of ownership of diesel cars in the future, such as the retail price, fuel duty and vehicle road tax. There appears to have been a dramatic shift in the petrol and diesel sales seesaw. — Steve Huntingford, What Car?

Environment 150

Environment Diesel Gasoline-Electric Petrol 150

Green Car Congress

JUNE 18, 2012

The ITF calculation ignores taxes on fuel (as from society’s point of view these are a transfer rather than a net cost); includes subsidies; and accounts for air pollution impacts. Even without the €5,000 purchase subsidy, people travelling longer daily distances would likely already benefit from an electric car. environmental costs).

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Electric Cars Fuel Range Cars 273

EV Central

MAY 7, 2024

Fresh data reveals used electric vehicles are now in high demand as buyers look to cash in on low retained values and tax benefits related to novated leasing. So purchasing a used EV, combined with a novated lease offers significant financial savings. This is the first time EVs have featured on the list, let alone topped it.

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BYD Australia Tesla Cars 140

Green Car Congress

AUGUST 17, 2010

VED circulation tax: Increased differentiation reduces VKT for all cars by 4.8%. Car purchase tax and ‘Feebate’ systems based on fuel consumption: Reduces VKT for all cars by 4%. In particular, the fiscal measures alone may render petrol/diesel powered vehicles prohibitively expensive compared with say, PEVs.

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Transportation Carbon Emissions CO2 199

Baua Electric

MARCH 17, 2025

Two years ago, there were calls for clarity around the 2030 petrol and diesel new-car ban. Enticing buyers In 2030, a ban on the sale of new petrol and diesel vehicles will come into effect. This includes purchase incentives, a greater charge point rollout, and a reduction in public charging costs through a VAT cut.

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Tax Charging Purchase Petrol 52

Green Car Congress

OCTOBER 18, 2010

purchase cost of gasoline engines is some €1500 lower than of diesel engines. become competitive when batteries cost €400/kWh, even without tax incentives, as long as. and petrol cars and by more than 55% compared to other hybrids that use petrol. We therefore. industrialised countries. ” —van Vliet et al.

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Plug-in Charging Gasoline-Electric Plug 236

Green Car Congress

JANUARY 10, 2013

more than half of auto executives involved in the survey feel that battery electric vehicles will have the same driving range as their petrol-fueled equivalents within 6 years.”. It seems that a lack of infrastructure, high purchase prices and limited driving range are deterring consumers from embracing e-vehicles on a large scale.

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Downsizing Global Auto Brazil 231

Green Car Congress

NOVEMBER 1, 2017

The figures also show that customer incentives for purchasing ECVs, and especially their monetary value, differ greatly across Europe. Many of the new EU member states with a low ECV market share merely offer an exemption from the annual circulation tax for electric vehicles.

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Greece Market Estonia Malta 150

Get Electric Vehicle

JUNE 10, 2023

If you find yourself considering the purchase of an electric car and are in search of a comprehensive guide , look no further. 1 Budget Purchasing an electric car in India requires careful consideration of its price tag. The Indian government also offers benefits such as reduced service tax (GST) to lower the price of electric cars. #3

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Electric Cars Cars Electric Electrical 98

EV Central

DECEMBER 18, 2024

The federal government has moved to make the purchase of new and used electric vehicles more affordable. The government estimates the low interest loan could save EV buyers more than $8000 off a $40000 loan with a seven-year term – on top of savings from ending petrol bills. READ MORE: [link] READ MORE: Plug pulled!

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Buy Cost Of Electric Vehicles BYD 98

My Energi

NOVEMBER 16, 2022

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. It might sound obvious, but the latest models have been designed to far outperform their petrol and diesel predecessors. Rising electricity bills.

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Cheap Financing Price Buy 133

Clean Car

SEPTEMBER 29, 2020

There are commonly discussed fears when it comes to purchasing an EV: Range : There is a widespread fear that with an EV, drivers will get stuck somewhere with no charging ability. Individuals would (rightly so) not want to purchase a new vehicle without knowing they could confidently refuel it. Electric vehicle fears.

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Electric Vehicles Vehicles Electric Electrical 98

Baua Electric

JULY 12, 2024

Sources said that it has also been proposed that Motor Vehicle Tax concessions shall not exceed 50% of the scrap value. New Delhi: The Delhi government’s transport department plans to offer incentives to those who scrap their overage vehicles and purchase a new one, sources said on Friday.

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Transportation Auto Vehicles Tax 52

Wallbox

JUNE 30, 2021

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. in 2018 and 42.4% Investing in Infrastructure.

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Norway Global Tax Taxi 83

Drive Electric

JULY 6, 2021

There are two main forms of leasing: Contract Hire and Contract Purchase. Contract Purchase. If you’d rather have the option of owning your car at the end of your lease, a Business Contract Purchase (BCP) or Personal Contract Purchase (PCP) could be for you. Contract Hire. This is often called a balloon payment.

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Electric Cars Cars Electric Electrical 98

Baua Electric

OCTOBER 21, 2024

According to a new study, the European Union is heavily subsidizing the purchase of new fossil fuel company cars – by $42 billion ($45.60 In turn, company car drivers receive annual tax benefits of €6,800, “ranging up to €21,600 for high-polluting larger models,” Reuters reports. billion) a year. How is this even legal?

Companies 52

Companies Spain Cars Tax 52

Drive Electric NZ

OCTOBER 26, 2022

BEVs are better for the planet , emitting 80% less Co2 than an equivalent petrol vehicle in New Zealand. An ICEV is a vehicle that is powered by regular internal combustion engines; think of your typical ‘car’ that is filled up with petrol or diesel. WHAT ARE THE BENEFITS OF A FULLY ELECTRIC CAR? HOW DOES AN ICEV WORK?

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PHEV New Zealand Petrol Gas-Electric 98

The Truth About Cars

SEPTEMBER 22, 2023

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. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal.

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Hyundai Industrial Industry United Kingdom 104

The Truth About Cars

SEPTEMBER 21, 2023

The scheme was to have the United Kingdom restrict citizens from purchasing new combustion vehicles by 2030. Conservatives seem to have noticed that the general public doesn’t appear all that excited about the government limiting their purchasing choices or presenting new taxes on vehicles boasting a tailpipe. Meanwhile, U.K.

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Gasoline United Kingdom Cars Gas-Electric 104

Get Electric Vehicle

FEBRUARY 27, 2024

Air pollution from cars running on petrol and diesel contributes to early mortality, cancer, bronchitis and asthma. Engines that run on petrol or diesel are one of the main sources of PM2.5 Tax reductions and incentives can be provided by the authorities to attract more people towards EVs. fine particulate matter pollution).

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Petrol Pollution Gasoline-Electric Diesel 75

Baua Electric

MARCH 4, 2025

The maximum amount offered against the purchase of a new BEV dropped from 7,000 to 4,000 for households whose tax income does not exceed 16,300. These changes may put buyers off the purchase of a new BEV. Some models will appear expensive compared to their petrol or diesel counterparts.

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France Market PHEV Petrol 52

EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Volvo All-Electric Tax Credit Fisker 95

Baua Electric

MAY 3, 2024

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. The tax can be up to 50% of your road tax and is based on the pollution level in your state.

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Auto Cars Tax Petrol 52

Baua Electric

FEBRUARY 5, 2025

Yet, despite being the second-most-popular powertrain in the market, it was still some way behind petrol. At this point, every new all-electric model registered will be required to pay the tax. The ECS threshold has not been amended since the additional tax was introduced eight years ago. BEVs secured a share of 21.3%

Cars 52

Cars Petrol PHEV Market 52

Push EVs

MAY 9, 2023

All other powertrains lost volume YoY, with petrol-only vehicles at their 2nd lowest volume of the modern era (just 112 units), and 3rd lowest share ever, just 1.25% of the auto market. Recall that new tax changes have applied from January 1st. PHEVs, with their middling emissions ratings, are taxed somewhere in between.

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Norway Plug-in Market Plug 59

Baua Electric

SEPTEMBER 6, 2024

After the abolition of the purchase bonus for commercial customers was announced for September 2023, the registration figures for purely battery-electric cars peaked in August last year,’ explained André Schmidt, the newly elected president of the Association of International Motor Vehicle Manufacturers ( VDIK ). drop into 6.9%

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Market Cars Petrol PHEV 52

Baua Electric

MARCH 25, 2025

This helped the market reach overall growth while petrol and diesel registrations declined year on year. The Portuguese government now provides a 4,000 incentive for private buyers purchasing a new BEV passenger car. In 2023, all-electric vehicles with a final purchase cost greater than 62,500 were no longer included in the scheme.

Portugal 52

Portugal Market PHEV BYD 52

Get Electric Vehicle

JUNE 12, 2023

Initial Purchase Price One factor that affects depreciation is the initial purchase price of the vehicle. Historically, electric vehicles have had a higher purchase price compared to their conventional counterparts. These incentives can offset the initial purchase cost and positively impact the resale value.

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Cost Of Electric Vehicles Vehicles Electric 75

My Energi

JULY 18, 2024

1] In comparison to diesel sales, which are down 12% compared to 2023, and petrol sales, which plummeted 7.8% As a result, some respondents admitted to not being interested in buying an EV full stop, while others said they would only consider purchasing if prices dropped considerably. But are these concerns warranted?

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Sale Petrol Financing Plug-in 52

My Energi

NOVEMBER 10, 2023

As a result, 60% of those aged over 55 were not interested in buying an EV full stop, while many other demographics would only consider purchasing if prices dropped considerably – a concerning picture indeed for the UK’s transition to electrification. Do EVs have a limited range compared to their petrol and diesel counterparts?

Petrol 52

Petrol Financing Diesel All-Electric 52

Electric Vehicles India

SEPTEMBER 14, 2021

After 2025 only electric vehicles will be allowed to purchase. 100% discount on road tax. Petrol Pumps are also permitted to set up EV charging stations providing fire and safety norms issued by the competent authorities. All ICE vehicles based on commercial fleets and logistics will be phased out by 2030.

Electric Vehicles 71

Electric Vehicles Vehicles Re-Charge Electric 71

Baua Electric

OCTOBER 8, 2024

This marks the lowest September total since 2021 , largely due to declining deliveries of petrol and diesel models. Petrol struggles Petrol was the second-worst-performing powertrain in September. September was petrol’s lowest monthly total since December 2022 and the biggest year-on-year volume drop for a month since July 2022.

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Market Hybrid Cars Petrol 52