Delhi CM, Arvind Kejriwal has announced a new electric vehicle (EV) policy in a press conference today. In a major offer to reduce the massive air pollution problem in the national capital, the government is planning to ease out the adoption of EVs.
They have targeted registering 5 lakh EVs in Delhi by 2024. Kejriwal is also optimistic and has said that the new policy will benefit in generating employment across Delhi, especially at a crucial hour like this, when the Indian economy along with the world economy is seen to be crippling.
With the assistance of incentives, the Kejriwal government plans to take the EV registration share to 25% of the total vehicle registration by 2024. It is 0.2% currently. Incentives of up to ₹ 30,000 are being levied on electric two-wheelers, e-rickshaws and electric goods carriers up to ₹ 1.5 lakh on electric passenger vehicles. These incentives are an addition to the incentives offered by the Modi government under the FAME II scheme.