Electric Vehicle Policy launched in Delhi; up to Rs 1.5 lakh incentive announced

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Electric Vehicle Policy launched in Delhi; up to Rs 1.5 lakh incentive announced

He added that the Electric Vehicle Policy is the country’s most progressive policy.

Electric Vehicle Policy launched in Delhi; up to Rs 1.5 lakh incentive announced

New Delhi: To take care of the pollution menace and increase job opportunities, the Delhi government on Friday introduced the Electric Vehicle Policy in the national capital. 

Under this, the government will waive off registration fee, road tax and give incentive of up to Rs 1.5 lakh for new cars.

Chief Minister Arvind Kejriwal said that the new Electric Vehicle Policy was notified to give a boost to Delhi’s economy and reduce pollution levels in the national capital. 

“We have notified the Electric Vehicle Policy today. With this policy, we aim to generate employment to give a boost to Delhi's economy and reduce pollution levels in the national capital,” CM Arvind Kejriwal said.

He added that the Electric Vehicle Policy is the country’s most progressive policy. He also said that with the new policy, he aims to constitute 25 per cent electric vehicles by 2024 in the national capital. 

“Delhi government will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of Rs 30,000 will be given on the purchase of 2-wheelers, Rs 1.5 lakh on cars and Rs 30,000 on auto-rickshaws and e-rickshaws,” Kejriwal said.

Moreover, the government will also give low-interest loans on electric commercial vehicles.

“We hope that 5 lakh new electric vehicles will be registered in the next 5 years. An 'EV Cell' will be established to implement the Electric Vehicle Policy,” he added.