Friday, April 18, 2008

More government subsidies for EVs

ecently there has been a lot of buzz on the internet about different
governments offering incentives in the form of subsidies for the
purchase of EVs. This post at autobloggreen (http://
www.autobloggreen.com/2008/04/11/electric-cars-may-be-subsidized-in-n...)
talks about the possible subsidization of electric vehicles (which may
include two wheelers and three wheelers as well) bought in India's
capital city New Delhi. The post reports that "Other Indian cities
already exempt BEVs from the road tax and some states exempt them from
the VAT." The fun part of this is how the subsidy will be funded:
diesel will be taxed so that EVs become cheaper!

Another post at autobloggreen (http://www.autobloggreen.com/2008/04/18/
regional-government-wants-companies-to-switch-to-electric-bikes/
1#c11693108) talks about
"The Region of Cantabria, Spain, has announced a plan for companies to
switch from gasoline motorbikes to electric units. The plan, called
BioBike, is aimed to business which use motorbikes for pizza, courier
and postal deliveries as well as police patrols. The Government will
give tax exemptions as well as direct subsidies for purchase of
electric motorbikes."

I think, worldwide, the interest in EVs is growing. Governments are realizing that and also seeing the environmental benefits of encouraging EVs.

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