TL;DR
Delhi's Electric Vehicle Policy is extended to March 2026, with a new draft for EV Policy 2.0 focusing on a 'scrappage-first' incentive model to boost clean mobility.
The Delhi government has extended its existing Electric Vehicle (EV) Policy until March 31, 2026, affirming its commitment to sustainable urban mobility. This extension ensures continuity for consumers and manufacturers, maintaining current incentives while a new, more comprehensive EV Policy 2.0 is being finalized. The original policy, launched in 2020, has been instrumental in boosting EV adoption in the capital, aiming for 25% EV penetration by 2024.
The proposed EV Policy 2.0, currently in its draft stages, emphasizes a 'scrappage-first' model. This new framework, supported by a ₹200 crore budget, aims to accelerate the phasing out of older, polluting vehicles by offering significant incentives to buyers who provide a 'Certificate of Deposit' for scrapped BS-IV or older petrol/diesel vehicles registered in Delhi. It is designed to remove aging vehicles from the roads, promoting clean mobility through financial support tied to decommissioning.
Key features of the new policy's incentive structure include up to ₹100,000 for private electric cars priced below ₹15 lakh (for the first 100,000 applicants) and a flat ₹10,000 incentive for electric two-wheelers, moving away from the previous battery-capacity-linked model. Furthermore, ₹25,000 will be offered for L5M category electric three-wheelers. The draft also proposes a ₹50,000 grant for converting existing petrol/diesel cars to EVs using certified kits, expanding public charging infrastructure, and establishing a battery recycling framework.
