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Updated On: 03-Dec-2024 09:19 AM
Delhi extends EV policy till 2025, offering ₹30,000 subsidy on electric three-wheelers and tax exemptions to boost green mobility.
The Delhi government is encouraging the adoption of electric vehicles (EVs) by extending its Electric Vehicle Policy. Buyers purchasing electric three-wheelers in 2024 can now benefit from a subsidy of ₹30,000. Additionally, the policy includes road tax exemptions for EV buyers. This move aims to make EVs more affordable and eco-friendly transportation options popular in the national capital.
The subsidy of ₹30,000 will be available for all eligible electric vehicles purchased between January 1, 2024, and March 31, 2025. Under this policy:
Here’s how much subsidy you can avail of under the policy:
Vehicle Type | Maximum Subsidy |
E-rickshaw | ₹30,000 |
E-cart | ₹30,000 |
E-lite Commercial Vehicle | ₹30,000 |
E-2 Wheeler | ₹30,000 |
E-cycle | ₹5,500 |
The Electric Vehicle Policy, first introduced in 2020 for three years, was previously extended multiple times. The Delhi Cabinet has now extended the policy till March 31, 2025, likely for the last time. This extension will ensure continued subsidies and tax relief, promoting sustainable transportation options.
Delhi has emerged as a leader in EV adoption.
The extension of the EV policy and added incentives like subsidies aim to further boost the demand for electric vehicles. This initiative supports Delhi’s efforts to reduce pollution, promote sustainable transport, and achieve its climate goals.
If you're planning to switch to an electric vehicle, 2024 is a great time to make the shift and take advantage of these benefits!
The Delhi government’s extended EV policy with subsidies and tax exemptions aims to make electric vehicles more affordable and eco-friendly. With increasing EV adoption and improved infrastructure, this initiative promotes sustainable transport and cleaner air. Buyers should act now to take advantage of these benefits before the policy ends in 2025.