Delhi Government’S Electric Vehicle Policy (Download PDF)

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Delhi Government՚s Electric Vehicle Policy

  • Delhi Chief Minister recently launched “Delhi Electric Vehicle Policy.”
  • Under the new policy, the government will waive registration fee and road tax.
  • It will also provide incentive of up to ₹ 1.5 lakh for new cars in the national capital.

Overview

  • As per Delhi CM, the policy will
    • Boost the economy
    • Create jobs
    • Reduce pollution levels
  • The policy aims to increase the electric vehicles portion to 25 per cent by 2024.
  • Currently the share of electric vehicles is only 0.29 per cent in the city.
  • Now electric vehicle owners can avail low-interest loan.
  • There will be quite hefty discount on electric vehicles-
    • Up to ₹ 30,000 subsidy provisioned for electric two-wheelers
    • And up to ₹ 1.5 lakh for electric car buyers.
  • The policy is a step in the right direction to encourage adoption of clean energy vehicles in the capital.
  • The policy will set an example for other states to follow.
  • This policy will provide more push to the existing EV architecture than the current FAME II scheme by the center.
  • The policy addresses the issues of accessibility for the end consumer.
  • Delhi has taken holistic approach to the policy, considering
    • Charging infrastructure
    • Different automobile models
    • Scrapping of old internal combustion engines (ICE) vehicles
  • The policy is in-line with India՚s aim to reduce its oil import bill and air pollution.
  • It is being touted as progressive policy which will prove to be a game changer and lay the foundation for Delhi to emerge as the EV capital of the country.

- Published/Last Modified on: December 24, 2020

Policy/Governance, Govt. Schemes/Projects

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