The Delhi government has just released the draft of its New Electric Vehicle Policy 2.0, marking a significant step towards cleaner and more sustainable transportation in the Capital.
The EV Policy 2.0 is drafted not only to accelerate the shift towards electric mobility but also proposes subsidies to ensure a much smoother transition.
Additionally, the draft policy includes dedicated subsidies for women buyers, encouraging their active participation and contribution towards this shift.
Suppose you’re a woman buying an electric two-wheeler under the EV Policy 2.0 in Delhi. In that case, you can avail a subsidy of Rs. 12,000 per kWh of battery capacity, with the total subsidy capped at Rs. 36,000!
The policy will offer this subsidy to the first 10,000 women buyers who hold a valid driving license, benefiting thousands of women in the State.
In addition to this women-specific subsidy, the draft policy also proposes a subsidy of Rs 10,000 per kWh of battery capacity, with the total subsidy capped at Rs 30,000 for all electric two-wheeler buyers, empowering them to join in the State’s transition to electric mobility.
As per a recent report by PTI the first draft version of the Delhi EV policy 2.0 has proposed to offer first 10,000 women electric two-wheeler buyers who hold a valid driving license with the subsidy of Rs 36,000.
The Aim of the new 2.0 policy is beyond just EV penetration, it plans to incorporate women in Delhi in driving the shift towards EV vehicles from conventional vehicles.
Additionally, the draft policy suggests a scrapping incentive of up to Rs. 10,000 for ICE two-wheelers that are less than 12 years old as well.
The Delhi government has extended the ongoing EV policy by an additional 15 days following it’s expiration on 31st March, to ensure continuity while the new policy is being finalized.
Meanwhile, the newly released draft of the EV Policy 2.0 is under consideration and currently awaiting approval from the State cabinet. It may also be revised further before being officially implemented by the State.
The New EV Policy 2.0 aims for 95 per cent electric vehicle penetration by 2027 and creation of 20,000 jobs in relation to electric mobility in the process. Once implemented, the policy will remain valid till 31st March 2030 and help facilitate a smoother transition to sustainable transportation in the Capital.
With a strong focus on the transition to cleaner mobility, the EV Policy 2.0 is drafted to accelerate the shift towards electric mobility across all major vehicle segments, such as two-wheelers, three-wheelers, public buses, goods carriers, as well as civil garbage collection vehicles.
The EV Policy 2.0 is another initiative by the Delhi Government to promote the development of the electric mobility segment in the State. The Delhi State Government has been actively promoting the adoption of EVs and alternate fuel-based mobility options to deal with the rising pollution as well as to reduce the dependency on fossil fuels.
This EV Policy outlines a phased-out transition, with providing incentives and subsidies as one of its key aspects, aiming to reduce pollution from older, outdated vehicles, encourage quicker EV adoption as well as facilitate a smoother transition to sustainable transportation.
Building on the success of the previous policy, this new draft lays the foundation for a more structured and focused move towards electric mobility.
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