Delhi's Electric Vehicle Policy Announced

• 10 Aug 2020

• The Delhi Government on 7th August announced its electric vehicles (EVs) policy aimed at boosting the adoption of cleaner vehicles in the national capital after the Centre's EV push did not yield results as expected.

Highlights

• On purchase of a two-wheeler, an e-rickshaw or freight vehicles, the Delhi government will give a benefit of up to Rs 30,000 and for a four-wheeler, a benefit of up to 1.5 lakh.
• For those who want to purchase electric vehicles for commercial purposes, loans will be given from the Delhi government at very low-interest rates, and registration and road tax fees will be waived.
• The EV policies are aimed at faster adoption of EVs both in personal and shared mobility segments.
• The policy also aims to constitute 25% electric vehicles by 2024, which is currently just 0.29% in the in the national capital.
• There is already the Centre's scheme on electric vehicles called 'Fame India Phase-2', under which the Union government also provides some incentives. And the Delhi government scheme will be an addition to the Centre's scheme and people can also avail benefits under both the schemes.