Delhi EV Policy: Govt Plans INR 30,000 Subsidy For Purchasing 2-Wheelers

Delhi EV Policy: Govt Plans INR 30,000 Subsidy For Purchasing 2-Wheelers

SUMMARY

The state government is considering offering a purchase subsidy of up to INR 30,000 for buying two-wheeler EVs under its upcoming Electric Vehicle Policy 2.0

The proposal, which is still under government consideration, proposes an incentive of INR 10,000 per kWh (up to INR 30,000) on two-wheeler EVs for all buyers

The report also said that the first 10,000 women holding a valid driving licence will be eligible for subsidy calculated at INR 12,000 per kWh and capped at INR 36,000

In an effort to accelerate EV adoption and improve the air quality in Delhi, the state government is considering offering a purchase subsidy of up to INR 30,000 for buying two-wheeler EVs under its upcoming Electric Vehicle Policy 2.0.

Citing officials and a draft policy document, PTI reported that the proposal, which is still under government consideration, proposes an incentive of INR 10,000 per kWh (up to INR 30,000) on two-wheeler EVs for all buyers. An additional INR 10,000 may be offered for scrapping petrol two-wheelers that are over 12 years old. 

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