Delhi stops EV subsidies as electric vehicle registrations pick up pace
2 min readBetween July and September, Delhi saw enrollment of electric vehicles among overall1.5 lakh vehicles registered during the period, which is nearly seven per cent of thetotal.Subsidies on buying electric buses in Delhi, one of the crucial features in Delhi’s Electric Vehicle Policy, has been withdrawn as the public capital witnessed sharp rise in EV enrollments over the once many months. Kailash Gahlot, Transport Minister of Delhi, said that the government doesn’t plan to extend the subvention scheme on purchase of electric vehicles anylonger.According to the state’s EV policy launched before last time, Delhi offered subventions on the first thousand electric buses bought in the public capital. The EVs entered subvention of ₹ per kWh of battery capacity, with benefits being limited at ₹1.5 lakh per vehicle. Road duty and enrollment freights for these vehicles were also waived. For other electric vehicles, which include two-wheelers, the subvention quantum was ₹ per kWh of battery capacity and a maximum benefit of ₹ pervehicle.Kailash Gahlot was quoted by Hindustan Times saying, “ The electric buses member has entered the needed drive in Delhi. Our focus now is to tap the two-wheeler, freight and public transport parts of electric vehicles (EVs) as they constitute a major knob of Delhi’s over 10 million registered vehicles. They also ply on the road more as compared to private buses, thereby causing further pollution.”
Between July and September, Delhi saw enrollment of electric vehicles among overall1.5 lakh vehicles registered during the period, which is nearly seven per cent of the aggregate. Between August and October, electric vehicles were registered in Delhi. This takes Delhi’s EV enrollments in the once four months to nearly.
“ Actually, a subvention isn’t needed fore-cars as similar because those who can go to pay around ₹ 15 lakh for a vehicle don’t watch if the cost is ₹ 1-2 lakh more, sans the subvention. Our end is to give the subvention to those who need it the most, and they include bus motorists, two-wheeler possessors, delivery mates and so on,”Gahlot was quoted by HT.”We’re witnessing good results of our electric vehicle policy and the relinquishment of similar vehicles is gaining pace. We’re committed to realising the dream of making Delhi the country’s electric vehicle capital, according to the vision of Chief Minister Arvind Kejriwal,”Gahlot added.
The Delhi government had launched its electric vehicle policy in August last time. It was one of the first full-fledged EV policy approved by any state governments across the country.