Five impacts of scrappage policy on India’s EV market

Simply put, commercial vehicles which are more than 15 years old and passenger vehicles which are more than 20 years old will undergo a fitness test as per the Motor Vehicles Act 1989 and if these vehicles fail it will be declared that the life of the vehicle Is finished. The scrappage policy is expected to move towards eco-friendly vehicles, encourage green mobility, reduce dependence on importing oil from other countries and reduce pollution.