With an eye to promote faster adoption of electric vehicles, the Delhi government has exempted road tax and registration fees on electric vehicles (EV). It will further reduce the cost incurred by the end-user in its new electric vehicle policy.
The government is also subsidising the ex-showroom cost of the vehicle, by offering an INR 10 K discount per kWh, up to a maximum of INR 1.50 lakh. However, the buyers will still be liable to pay the insurance premiums. It further promises to give low-interest loans on electric commercial vehicles under the policy.
The new EV policy will be applicable for three years and the consumer can get benefitted looking by making use of the offer during this period. Delhi CM Arvind Kejriwal termed the new policy as “another crucial step towards ensuring a pollution-free Delhi”.
Delhi’s transport minister Kailash Gahlot congratulated Delhiites, saying, “As promised by the CM when announcing landmark EV Policy, Delhi govt has exempted road tax on battery-operated vehicles… We are determined to ensure Delhi leads the country in rapid transition to electric vehicles.”
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[With Inputs From Shubham Singh]