The Delhi government has unveiled the draft for its EV Policy 2.0, set to run until March 31, 2030. The proposed framework focuses heavily on mass-market adoption and transitional technologies, offering significant financial relief for car buyers in the capital.
Key Tax Waivers and Incentives
The draft introduces a price-sensitive approach to ensure that incentives reach the mainstream consumer segment.
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Electric Vehicles (Under ₹30 Lakh): Eligible for a 100% waiver on road tax and registration fees.
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Strong Hybrids: In a notable shift, the government proposes a 50% relief on road tax and registration charges, acknowledging hybrids as a practical transition toward full electrification.
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Premium EVs (Above ₹30 Lakh): Currently, the draft suggests no waivers for luxury or high-end electric cars, focusing resources on more affordable models.
Scrappage Benefits: Turning Old into New
To further accelerate the removal of high-emission vehicles, the policy integrates a scrappage-linked incentive:
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Eligibility: Owners of old BS-IV (or earlier) Delhi-registered vehicles.
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The Deal: Buyers of new EVs under ₹30 lakh can claim a scrappage benefit if they retire their old vehicle within six months of getting a scrappage certificate.
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Quota: This specific benefit is limited to the first 100,000 applicants.
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N1 Electric Trucks: The scrappage scheme also extends to small electric commercial trucks.
Implementation and Next Steps
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Public Consultation: The policy is currently in a 30-day public review phase. The final structure may be adjusted based on feedback before it is officially notified.
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Direct Benefit Transfer: In alignment with the PM E-DRIVE framework, all incentive amounts will be credited directly to the buyer’s bank account via an online claim process.
This policy marks a strategic push to clean up Delhi’s air by making eco-friendly vehicles—both electric and hybrid—significantly more affordable for the average commuter.
