The Delhi government has extended its Electric Vehicle (EV) Policy until March 31, 2025, reinstating subsidies and road tax exemptions for EVs purchased on or after January 1, 2024. This decision comes as part of the capital’s ongoing efforts to combat air pollution and promote the adoption of cleaner transportation alternatives.
The original EV policy, introduced in August 2020 for a three-year period, was aimed at increasing the share of electric vehicles to 25 percent by 2024. Although the policy has been extended multiple times in the absence of a new version, work is underway to finalize the Delhi Electric Vehicle Policy 2.0.
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Delhi EV policy: How much can you save on EV purchases
Under the extended policy, a variety of incentives are available for EV buyers. These include a 25 percent subsidy (up to Rs 5,500) for e-cycles, Rs 30,000 for e-rickshaws and e-carts, and Rs 5,000 per kWh of battery capacity (capped at Rs 30,000) for electric two-wheelers. E-light commercial vehicles also qualify for a Rs 30,000 incentive.
For electric cars, the first 1,000 units were eligible for a purchase incentive of Rs 10,000 per kWh of battery capacity, up to Rs 1.5 lakh. While this milestone was reached in August 2021, further notifications on e-car subsidies are expected from the Delhi government. Delhi recorded a total of 6,57,312 vehicle registrations last year, with 73,610 of them being electric vehicles.
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