India’s national capital has unveiled its own incentives and policy to push more EVs
Arvind Kejriwal Twitter
- Chief Minister Arvind Kejriwal on Friday launched ‘Delhi Electric Vehicle Policy’ to promote the use of electric vehicles.
- Under the policy, the state government will give incentives of up to ₹30,000 for two-wheelers, autos, e-rickshaws and up to ₹1.5 lakh for cars.
- The chief minister termed it the “most progressive policy” in the country.
- Check out the latest news and updates on Business Insider.
Launching Electric Vehicle Policy, which aims to reduce pollution levels and generate employment in the city Press… https://t.co/Xr1kzonpEB— Arvind Kejriwal (@ArvindKejriwal) 1596785469000
Under the policy, the Delhi government has included various benefits for new EV buyers, which are as follows:
|Electric vehicle segment||Incentives offered under Delhi’s EV Policy|
“After launching this policy, we expect five lakh new electric vehicles in the next five years... The Delhi government will set up a dedicated ‘EV Cell’ to implement ‘electric vehicle policy,” Kejriwal added.
The Delhi government aims to generate employment to boost the economy and reduce pollution levels in the national capital. It has also set an ambitious target - aims for electric vehicles to make up for 25% of the registered vehicles by 2024. The current share of electric vehicles in new registrations stands at mere 0.2%.
The Delhi government will also provide a ‘scrapping incentive’ under the electric vehicle policy,for those consumers who wish to replace their old vehicles with electric ones.
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