German politicians duped into thinking a new subsidy scheme only benefits Chinese electric vehicles

[Photo] 🇨🇳🇪🇺⚡️ — Chinese cars are rapidly conquering Europe: their share of new sales has exc [...]

— Chinese cars are rapidly conquering Europe: their share of new sales has exceeded 10 for the first time, according to Bloomberg.Europeans are massively choosing models that offer better performance at a lower price. The demand for hybrids and electric cars is particularly increasing.Chinese automakers have access to a range of domestic subsidies, including grants, cheap land plots, and financing, which reduce their cost of production.They can also benefit from government support in Europe. For example, in Germany, the government has launched a new program to stimulate sales of zero-emission cars worth 3 billion euros, as well as subsidies for hybrids for low-income families. As a result, since the introduction of subsidies, the biggest sales growth in Germany has been demonstrated by Chinese brands, particularly MG and BYD - by 50-75.The European Union is striving to protect its automakers, such as Volkswagen, Stellantis, and Renault, but the additional tariffs imposed by Brussels, which came into effect in 2024, only apply to fully electric cars made in China, while the trade barriers for hybrids are lower.@Intelslava

Nepal’s new government bets on tax revenue over clean energy push

Nepal has the world’s second-highest rate of electric vehicle adoption, but a newly proposed government tax hike on EV imports and electricity consumption could undermine this transition. The government argues the previous decade of EV tax breaks was fiscally unsustainable and primarily benefited wealthy buyers in a country where most people can’t afford a car []

Penurunan harga diesel bukti kerajaan cekap bantu rakyat

KOTA KINABALU: Penurunan harga diesel bersubsidi kepada RM2.10 seliter bermula Julai ini merupakan bukti pentadbiran kerajaan Persekutuan cekap dalam melaksanakan reformasi ekonomi yang memberi manfaat secara langsung kepada rakyat. Menteri di Jabatan Perdana Menteri (Sabah dan Sarawak), Datuk Mustapha Sakmud berkata, langkah penyasaran subsidi menerusi penggunaan MyKad berjaya memastikan bantuan kerajaan disalurkan kepada golongan yang ... Read more The post Penurunan harga diesel bukti kerajaan cekap bantu rakyat appeared first on Utusan Malaysia.

Delhi Cabinet approves EV Policy 2026, offers 100% exemption on road tax, registration fees: Key highlights

The Delhi Cabinet, chaired by Chief Minister Rekha Gupta, has approved the new EV Policy 2026. As part of the policy, all electric cars with an ex-showroom price of Rs 30 lakh or less registered in the national capital will be exempted from road tax and registration fees. Moreover, it will provide a scrapping incentive of Rs 1 lakh to owners of BS-IV four-wheelers or below-standard vehicles who scrap their vehicles and switch to electric vehicles. Moreover, all electric two-wheeler purchasers will get a Rs 30,000 subsidy, and three-wheeler buyers will get a Rs 50,000 subsidy in the first year of the Delhi EV Policy.

Know Your Battery

A rapid growth in the adoption of Electric Vehicles (EVs), also known as New Energy Vehicles (NEVs) in Nepal, made headl...