No road tax, no registration fee, car buyers happy in the new EV policy!

No road tax, no registration fee, car buyers happy in the new EV policy!

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Delhi government is preparing to bring a new EV Policy 2.0, the aim of which is to rapidly promote electric vehicles in the city. Under the proposed policy, emphasis has been laid on increasing subsidy on two-wheeler and four-wheeler electric vehicles, expanding charging infrastructure and removing old polluting vehicles.

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New Delhi. To reduce the increasing air pollution and fuel dependence in Delhi, the government is planning to promote electric mobility rapidly. In this direction, Delhi government is preparing to bring EV Policy 2.0 by further strengthening the existing electric vehicle policy. This new policy will focus on providing more aggressive targets and incentives for large-scale adoption of electric vehicles in the city. The existing electric vehicle policy implemented in 2020 has been extended several times and now its duration has been extended till March 31, 2026. The draft prepared for the new policy is currently in the process of public consultation and review and it is expected that it can be implemented from the financial year 2026.

The biggest goal of the new policy is to rapidly increase the share of electric vehicles in Delhi. According to the draft proposal, a target has been set to make about 95 percent of new vehicle registrations in Delhi by 2027 for electric vehicles. This target is considered to be much more ambitious than the target of 25 percent set in the 2020 policy.

More focus on electric two-wheeler

In the new policy, there is a plan to promote electric two-wheelers the most. According to the proposal, a subsidy of about Rs 21,000 can be given on purchasing an electric two-wheeler. It has also been proposed to increase this incentive to about Rs 30,000 for women buyers. The government aims to increase the number of electric two-wheelers in Delhi to around 12 lakh.

Subsidy on electric cars also

A new plan is also being made to promote electric 4 wheelers. According to the proposal, depending on the battery capacity, an incentive of up to Rs 10,000 per kilowatt hour can be given, the maximum limit of which can be up to Rs 1 lakh per vehicle.

Plan to convert old vehicles into electric

A new proposal in the new policy is to provide incentives for converting old vehicles running on petrol or diesel into electric ones. Under this, it has been suggested to provide assistance up to Rs 50,000 for converting such vehicles into electric ones. This scheme can be implemented initially for a limited number of vehicles.

Other electric vehicles will also be promoted

In the new policy, emphasis has been laid on making three-wheelers, light commercial vehicles and trucks also electric.

  • Incentives for electric three wheelers are likely to continue.
  • Assistance up to Rs 75,000 can be availed on electric light commercial vehicles.
  • Additional incentives are also being considered to promote battery-powered trucks.

Expansion of charging infrastructure

A major part of the new policy is related to strengthening the charging infrastructure. The government is planning to increase charging stations at mohalla level and create fast charging corridors on major roads such as Ring Road and Outer Ring Road. Along with this, a target has also been set to increase the capacity of the battery storage system by 2030.

Scrappage and other benefits

In the new policy, emphasis has also been laid on removing old and more polluting vehicles. Under this, steps like giving scrappage incentive, continuing exemption in road tax and registration fees on new electric vehicles are being considered. There is also a plan to create a dedicated state EV fund, which can provide financial support to these incentives.

About the Author

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Jai Thakur

Jai Thakur has been associated with the world of news since 2018. Working as Senior Sub Editor in News18Hindi since 2022 and is part of the business team. There is interest in news related to business, especially stock market. Apart from this…read more

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