25% of all the vehicles in Delhi to be electric by 2023

My Times Today.In a major move to fight air pollution, the Delhi government on Tuesday released its draft “Electric Vehicle Policy 2018″, which aims to ensure adoption of 25 per cent e-vehicles among new registrations by 2023.

Concerned about the increasing level of air pollution, the Delhi government through this policy has planned to create a significant corpus of funds to incentivise every vehicle segment.

All incentives are in addition to the incentive offered by the Government of India as part of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) and any subsequent amendments thereof,” Gahlot`s office said in a statement.

The Electric Vehicle Policy 2018, the Transport Department said, has also committed to strengthen the infrastructure for “battery charging and swapping” so as to provide access within a 3-kilometre range from anywhere in Delhi.

“Additional fees on non-electric vehicles will fund the bulk of corpus created to incentivise the adoption of electric vehicles. This policy will also seek to promote large-scale job creation in driving, selling, financing, servicing and charging of electric vehicles,” it said.

Under the policy, the Delhi government has proposed to give a subsidy of up to Rs 22,000 on the purchase of e-two-wheelers to ensure their cost is less than or equal to petrol two-wheelers.

“Additional subsidy would be given for models with swappable battery and incentives of up to Rs 15,000 would be scrapped on old Bharat Stage (BS) II and III two-wheelers,” mentioned the policy.

 

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