New Delhi: The Delhi Cabinet on Monday tried the EV Policy 2026, aimed at providing a pollution-free transportation system in the capital. The policy is scheduled to be implemented from July 1 and will remain in effect until March 31, 2030.
What is the aim of the initiative?
Under this initiative, the Delhi government will spend increasingly than Rs 7,000 crore over the next four years to make electric vehicles increasingly affordable for the public. Under the policy, the government will provide subsidies of up to Rs 30,000 on electric two-wheelers, Rs 50,000 on three-wheelers, and up to Rs 100,000 on small commercial vehicles.
One lakh stock-still on four wheelers
In wing to waiving 100 per cent road tax and registration fees for all electric vehicles, except cars priced over Rs 30 lakh, the government has moreover established lulu vehicle scrapping incentives, which are capped at Rs 1 lakh for four-wheelers.
Along with this, a stage has moreover been set for new registrations of these vehicles only for electric vehicles. The government has decided not to provide any discounts or benefits on hybrid cars. Additionally, 30,000 new electric vehicles will be manufactured in the city.
What did Rekha Gupta say?
After the cabinet meeting, Chief Minister Rekha Gupta said the new policy focuses entirely on zero-emission electric vehicles. It includes incentives for vehicle purchasers, financial assistance for scrapping old vehicles, and a massive expansion of charging infrastructure.
In addition, many benefits will be provided, such as exemptions from road tax and registration fees. The Chief Minister stated that Delhi is the only state in the country that will offer the highest subsidies and other benefits on EVs.
Only electric vehicles will be registered in a phased manner
- Registration of only electric passenger and goods autos from January 1, 2027
- Only small electric freight vehicles from January 1, 2027
- Only electric two-wheelers will be registered from April 1, 2028
In flipside important decision, the government has decided to exempt the first 1,000 N-2 (large electric trucks) purchased within three months of the notification of the policy to reduce pollution caused by heavy vehicles from the 'no entry' period for 10 years.
