Tag Archives: government subsidy

Electric Vehicle Subsidies is the Most Expensive Way to Reduce GHG Emissions

Electric Vehicle Subsidies is the Most Expensive Way to Reduce GHG Emissions EV car sales Canada Malaysia sustainable urban mobility Montreal Economic Institute

Subsidies for the purchase of electric vehicles have little effect on GHG emissions and are much more expensive than other incentive measures.   Sell More Electric Vehicles with Subsidies While Quebec and Ontario are trying to stimulate the sale of electric vehicles any way they can, an Economic Note published today by the MEI shows that subsidizing the purchase of such vehicles is the

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Mahindra Launches Electric Van in India

Mahindra & Mahindra (M&M) today launched the electric version of commercial vehicle Supro priced at 8.45 lakh (commercial van) and Rs 8.75 lakh (passenger van) in Delhi. The prices take into account state subsidies and the incentives under the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme. e-Supro is equipped with a single motor that produces 25 kW of

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Electric Vehicle Manufacturers Pay Fines & Repay Subsidies

Chinese regulators are penalizing five electric-vehicle manufacturers that “cheated” on a subsidy program to the tune of 489.4 million yuan ($73.4 million) by making false claims about the number of vehicles they made —sometimes collecting money before any were made at all. Suzhou GEMSEA Coach Manufacturing Co. Ltd., the nation’s eighth-largest electric-minibus maker, forged production and sales records for more

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What Happen to China Carmakers when Electric Vehicle Subsidy Gets Cut?

The China’s government plans to phase out subsidies after 2020 as central and local governments have spent 15 billion yuan ($2.3 billion) on subsidies which likely replaced by California-like zero-emission carbon credits system. China will consider mandates that carmakers produce more electric vehicles or purchase carbon credits from their peers, potentially emulating California’s system and transitioning from a subsidy-driven approach to

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Slovakia Subsidise Jaguar Land Rover Plant

Government subsidy of 130 Million euros in direct aid to JLR. Additional costs include industrial park construction, infrastructure investment and road linking to highway. BRATISLAVA, Aug 11 (Reuters) – ** Slovakia’s state aid for Jaguar Land Rover (JLR) factory may reach some 600 million euros ($668.46 million) ** The government approved 130 million euros in direct aid to JLR **

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CHINA Car Sales Look Shiny, on the Surface

China’s car market grew at its fastest pace in six months in June, driven by a tax break—but the rise was padded by a weak year-earlier comparison, and dealer-inventory data paints a gloomier picture. Foreign and domestic auto makers shipped 1.78 million cars—sedans, sport-utility-vehicles and minivans—to dealers last month, 18% more than year earlier, the China Association of Automobile Manufacturers

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Pollution Goal That Would Spur More Electric Cars

Chancellor Angela Merkel’s government is working on targets to cut pollution on Germany’s roads that may effectively force carmakers to switch most of their sales to electric vehicles by the end of the next decade. Merkel’s chancellery is reviewing a draft of her coalition’s Climate Protection Plan 2050, which would require fossil-fuel emissions cuts of 45 percent for cars and

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