Delhi Govt. introduced Progressive EV policy 2020.
Delhi government announced its electric vehicle policy on Friday, August 2020. Delhi chief minister Arvind Kejriwal said that they are aiming to boost up the adoption of electric vehicles in Capital city and the economy. Experts in this field believes this as one of the best EV policies drafted in India.
Read this article to find out the policies and declarations by Delhi govt.
This is a three year policy, aiming to constitute 25% Electric vehicles by 2024, which is currently less than 1 % in Capital city. According to the policy, EV buyers are offered purchase incentives, benefits on scrappage, Waiver on road tax, registration fee and interest subvention on loans.
Key Takeaways of the policies are:-
- Up to 30,000 incentive for two wheelers, Autos, E-rickshaws and freight vehicles.
- Up to 1.5 lakh subsidy on electric cars.
- Waiver on Registration fee & road tax.
- Scrapping incentive for those who wants to exchange petrol or diesel vehicles.
- 200 public charging stations.
- Low interest loan on purchase of E-vehicles.
- Aims to constitute 25% e-vehicles by 2024.
- An EV Cell to establish their ev policy.
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