The meaning of SCRAPPAGE is the scrapping of discarded objects (such as automobiles).
scrappage scheme meaning, definition, what is scrappage scheme: a British government scheme to encourage...: Learn more.
BYD will likely benefit the most from the continued trade-in scrappage scheme, followed by Geely and Leapmotor. That is because the subsidy is the same across all price segments, meaning the subsidy-to-price ratio is higher for lower-priced cars. ...