Urban Mobility
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 & 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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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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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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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 **
Read moreBYD has been one of the principal beneficiaries of government largesse, emerging as a state champion in electric vehicles and hybrids on its way to becoming the world’s largest electric car manufacturer. BYD sold 58,000 electric and plug-in hybrids last year. New energy vehicle sales were up more than two-and-a-half times from 2014 , and BYD’s popular Qin and Tang
Read moreChina’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
Read moreChancellor 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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