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HomeUncategorizedUp to Rs 1.5 lakh subsidy for Delhi electric vehicle buyers under...

Up to Rs 1.5 lakh subsidy for Delhi electric vehicle buyers under Kejriwal’s new EV policy

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With the new electric vehicle policy, we aim to generate employment to give a boost to Delhi’s economy and reduce pollution levels in the national capital, Arvind Kejriwal said, adding that charging stations will also be set up.

pollution in the national capital. Under the new policy, buyers of electric two- and three-wheelers, and electric cars will be liable for financial assistance from the government, along with a ‘scrapping incentive’. Kejriwal underlines that through this policy, the government expects registration of five lakh new EVs within the next five years.



CM Kejriwal clarified that there will be an incentive of up to Rs 30,000 on electric two-wheelers, electric autos & e-rickshaws, and up to Rs 1.5 lakh on electric cars. The AAP chief stated the Delhi government will organise an EV Cell to implement and supervise the new electric vehicle policy.

The new Electric Vehicle Policy has been notified today and with this, the government aims to give a boost to Delhi’s economy by employment generation and also reduce air pollution in the national capital, Kejriwal said, adding that the government will set up a State Electric Vehicle Board to implement the policy soon.



Calling it a ‘progressive policy’, Kejriwal also confirmed that 100 electric vehicle charging stations will be set up in the city in one year.

Sohinder Gill Director General, Society of Manufacturers of Electric Vehicles (SMEV), states that Delhi EV Policy has “set an example of how a policy can run without using exchequer money. The Delhi EV policy in a way is a benchmark for other states’ policies to follow that are based mostly on attracting manufacturers rather than catalysing demand.

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“The only small missing point in the policy is that it doesn’t support the lithium battery e-scooters with speeds up to 25km/hr. These e scooters are particularly popular with Delhites because of their attractive prices and extremely low running costs. With a bit of support from the Delhi government, the adoption of such e scooters would have grown multifold. We hope the government would look into it and make some amendments in the future.”

 

Thanking the Delhi and Telengana government for “quickly notifying robust and well-thought EV policies that will further boost the EV sales in the respective states,” Mahesh Babu, MD & CEO, Mahindra Electric, said, “Both the EV policies are aimed at faster adoption of EVs both in personal and shared mobility segments. Extending the incentives to personal buyers will further help the development of the entire ecosystem.



“In the near future, the open-permit system for electric autos in Delhi will promote zero-emission last and the first-mile green mobility in the capital. The policies are in-line with India’s aim to reduce its oil-import bill and air-pollution.”

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