Lead Story
The policy is exclusively aimed at promoting pure electric vehicles and is intended to reduce Delhi’s air pollution while strengthening its transport system.The Chief Minister said the government will invest Rs 15,000 crore in incentives and charging infrastructure during the policy period.
To encourage adoption, buyers of electric two-wheelers will receive incentives of up to Rs 30,000 in the first year, Rs 20,000 in the second year and Rs 10,000 in the third year. Electric passenger three-wheelers will be eligible for incentives of Rs 50,000, Rs 40,000 and Rs 30,000 over the three years, respectively. Buyers of N1 electric trucks, light commercial vehicles with a gross vehicle weight of up to 3.5 tonnes, will receive subsidies of up to Rs 1 lakh in the first year.
The policy also introduces financial support for scrapping older vehicles. Owners scrapping BS-IV or older two-wheelers will receive Rs 10,000, while incentives of Rs 25,000 and Rs 50,000 have been announced for three-wheelers and N1 trucks, respectively.