Delhi Govt Extends Existing Electric Vehicle Policy Till November as New Draft Awaits Approval
New Delhi: The Delhi government on Tuesday (July 15) extended its existing Electric Vehicle (EV) Policy by four months, pushing the new deadline to November 15.
According to officials, the reason for extending the deadline was the fact that a draft of the new policy is still under review and awaiting approval, reported Hindustan Times.
Delhi transport minister Pankaj Singh said that at least four months would take to finalise the draft, which is being overhauled.
“We are consulting experts and exploring all feasible options to ensure the public benefits from a cleaner, more sustainable transport system. We’re already seeing a rise in EV registrations and growing public interest,” said Singh.
The present EV policy was introduced in 2020 and has been extended several times since it lapsed in 2023.
At present the policy offers a purchase incentive of 25% (up to Rs. 5,500) for e-cycles, Rs. 30,000 for e-rickshaws and e-carts, and Rs. 5,000 per kWh of battery capacity (capped at Rs. 30,000) for two-wheelers. Light electric commercial vehicles are also eligible for a subsidy of Rs. 30,000.
Officials familiar with the matter told HT that a revised draft has been prepared and discussed with Chief Minister Rekha Gupta and the transport minister.
The draft will undergo another round of revisions because additional changes have been suggested. After the updating process is complete, it will be opened for public feedback for a minimum of 15 days before being presented to the cabinet for final approval.
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