[antz.bin]

Rich People / Business owners who can afford to claim depreciation benefits on their expensive cars will continue to do so.

Middle class salaried class will keep getting crushed under this tax terrorism policies.

15 years from today, this virus would have spread across the country and the only car they cannot outlaw in the name of emissions is an EV. None of the ICEs (including CNG and Hydrogen CE) will be spared.

It is for people like us to figure out now whether they want to buy a new battery at 10/15 years or an entirely new car. It's not rocket science to figure out which alternative would be less expensive. There will be *some* resale value left for a Nexon EV LR in 2039, but if what is happening now keeps happening, the same for Nexon Petrol will become zero in 2039 while the Diesel would be worthless only by 2034. All 3 cost roughly the same today in the higher trims with AT.

Cherry on top, GST on EVs is 5%, not 28%-50%. Many states don't even charge road tax on EVs. That's another 8-13% saved.

The signal from the govt. is clear. Save taxes, save resale value, save your car from mandatory scrapping. Go EVs.

[Siavi]

Just came across this article:

https://m.economictimes.com/news/ind.../113233133.cms

I just hope that common sense prevails and this policy is brought in as soon as possible to replace the idiotic 15 year old mandatory scrappage policy.

[saket77]

Originally Posted by Siavi

Just came across this article:

https://m.economictimes.com/news/ind.../113233133.cms

I just hope that common sense prevails and this policy is brought in as soon as possible to replace the idiotic 15 year old mandatory scrappage policy.

Something good to hear this morning. Hope this is implemented as soon as 10-15 years down the line

Actually post Euro-6 Phase II (& Euro-7 combined), there is little scope in emissions reduction which is financially and technically viable. I mean, it can be done but the impact cost will be much greater in terms of benefits which it will bring going by the current and foreseen future technology. This has the capability to further plummet the sales of automobiles. Even right now the industry is crumbling with low sales due to high impact costs of Euro-6 RDE norms and going further might effectively kill the industry, especially small affordable cars.

Hence, the future Euro standards might be just small incremental changes and not as drastically different as previous Euro standards and that explains why future regulations might consider just pollution levels rather than just age of vehicles which is the logical way forward.