TL;DR
Delhi's new EV Policy 2.0 introduces scrappage-linked incentives and continues tax waivers, aiming to accelerate the transition from older, polluting vehicles to electric ones.
Delhi has rolled out its Electric Vehicle Policy 2.0, backed by a ₹2 billion (US$21 million) allocation, shifting its focus from upfront subsidies to a scrappage-linked incentive model. This revised framework aims to accelerate the phasing out of older, high-emission vehicles while simultaneously promoting the adoption of electric vehicles in the Indian capital.
Under the new policy, the highest incentives are tied to the scrapping of Bharat Stage (BS)-IV or older petrol and diesel vehicles, requiring buyers to provide a scrappage certificate to qualify for top-tier benefits. Private electric car buyers can receive up to ₹100,000 for models priced below ₹1.5 million, while electric two-wheelers will receive a flat ₹10,000 incentive. The policy also supports retrofitting, offering a ₹50,000 grant for converting internal combustion engine vehicles into EVs, and continues the 100% waiver on road tax and registration fees for EVs until March 2030, with a price cap of ₹3 million for exemption.
