Delhi to provide scrapping incentives under EV policy
ECONOMY & POLICY

Delhi to provide scrapping incentives under EV policy

The Delhi Government will provide scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles under the Delhi Electric Vehicle (EV) Policy 2020.

Last year in August, the Delhi Government notified the Delhi EV Policy to promote clean mobility solutions. The policy aims to establish the feasibility for large scale adoption of electric four wheelers, through transitioning the entire government fleet to electric.

Road Transport, Highways and MSMEs Minister Nitin Gadkari informed Rajya Sabha that under the scheme, all hired and leased cars used for the commute of Government of National Capital Territory of Delhi (GNCTD) officers should be transitioned to electric within a period of 12 months from the date of issue of the policy.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


The Delhi Government order issued on 25 February 2021, in this regard, mandates the conversion of all vehicles owned or leased by the GNCTD to transition to electric by 6 August 2021, Gadkari told the media.

The scrapping incentive for vehicles is applicable on the evidence of matching contribution from the dealer or original equipment manufacturer (OEM), such that the GNCTD will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding Rs 5,000 per vehicle for two-wheelers and Rs 7,500 per vehicle for auto and light commercial vehicles.

Gadkari said other incentives are also to be offered. Private and two-wheeler vehicles would also be included in this scheme. As we reported earlier, commercial vehicles over 15 years old, subject to fitness test, may be the first ones to go off road under the new scrappage policy.

Image Source


Also read: New scrappage policy for 15-year old vehicles soon: Nitin Gadkari

Also read: Old vehicles will be off roads from April 2022

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Delhi Government will provide scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles under the Delhi Electric Vehicle (EV) Policy 2020. Last year in August, the Delhi Government notified the Delhi EV Policy to promote clean mobility solutions. The policy aims to establish the feasibility for large scale adoption of electric four wheelers, through transitioning the entire government fleet to electric. Road Transport, Highways and MSMEs Minister Nitin Gadkari informed Rajya Sabha that under the scheme, all hired and leased cars used for the commute of Government of National Capital Territory of Delhi (GNCTD) officers should be transitioned to electric within a period of 12 months from the date of issue of the policy.4th Indian Cement Review Conference 202117-18 March Click for event info The Delhi Government order issued on 25 February 2021, in this regard, mandates the conversion of all vehicles owned or leased by the GNCTD to transition to electric by 6 August 2021, Gadkari told the media. The scrapping incentive for vehicles is applicable on the evidence of matching contribution from the dealer or original equipment manufacturer (OEM), such that the GNCTD will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding Rs 5,000 per vehicle for two-wheelers and Rs 7,500 per vehicle for auto and light commercial vehicles. Gadkari said other incentives are also to be offered. Private and two-wheeler vehicles would also be included in this scheme. As we reported earlier, commercial vehicles over 15 years old, subject to fitness test, may be the first ones to go off road under the new scrappage policy. Image Source Also read: New scrappage policy for 15-year old vehicles soon: Nitin Gadkari Also read: Old vehicles will be off roads from April 2022

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement