EV policy will be put up for cabinet approval in a few days: Delhi transport minister

People waiting to avail of the subsidy on in January will soon get the benefits as the existing policy is expected to be extended for another three months. Officials said the Transport will put up a cabinet note in this regard.

Transport Minister Kailash Gahlot clarified, “People need not worry… the is a Cabinet note and it will be put for approval in a few days. All eligible vehicle owners who bought new and applied for the subsidy during the mean period will be given the benefit once the policy gets Cabinet approval and is ” to data, a total of 25,497 vehicles have been registered in Delhi in January till date – 2,214 are electric and 954 are vehicles.

The EV policy came into effect in August 2020 and aimed to increase the EV share in total vehicle sales to 25% by 2024. After it three years last August, it was extended till December. This, too, has now expired and an extension is awaited,

Sources, however, said the minister is yet to receive the note from the department.
Transport Commissioner Ashish Kundra said, “It will be done soon.”
Officials said the file to extend the policy will be sent to the Lieutenant Governor after the Cabinet gives its approval.

Under the EV policy, subsidies are given to encourage people to buy electric vehicles. Each category of vehicle gets subsidies/incentives based on the battery capacity. For instance, an electric two-wheeler will fetch a subsidy of Rs 5,000/kWh or up to Rs 30,000.

For four-wheelers, the purchase incentive was Rs 10,000 per kWh of battery capacity (maximum incentive of Rs 1,50,000 per vehicle). The offer was provided to owners of the first 1,000 e-cars registered in Delhi, as per the policy.