EV policy subsidy continues until new notification in Delhi
ECONOMY & POLICY

EV policy subsidy continues until new notification in Delhi

Kailash Gahlot, Delhi Transport Minister, announced that the subsidy benefits provided by the existing Electric Vehicle Policy would continue until a new policy was notified.

The Electric Vehicle Policy of Delhi, which was introduced in August 2020, aimed to raise the proportion of electric vehicles in the total vehicle sales to 25% by 2024. According to official data, more than 1.12 lakh electric vehicles had been sold under the policy.

It was stated by Gahlot that "Today, we complete three years of Delhi's landmark EV policy that has propelled Delhi to becoming India's electric vehicle capital."

As the formulation of a new electric vehicle policy was still under process, Gahlot mentioned in a tweet that the subsidy benefits of the existing policy would persist until the new policy was notified.

As of May, around 86% of the measures and targets of Delhi's electric vehicle policy had been achieved, as stated by the transport department.

In May, a stakeholder consultation was conducted by the transport department and Delhi Electric Vehicle Cell as a part of the process of drafting a revised 'Delhi EV Policy 2.0'.

Chief Minister Arvind Kejriwal stated in June of this year that Delhi had become the nation's electric vehicle capital with the highest number of such vehicles being purchased in the city.

Also read: 
Telangana government nets crores from plot auction in Mokila
GIC Housing Finance's net profit dips 18.71%


Kailash Gahlot, Delhi Transport Minister, announced that the subsidy benefits provided by the existing Electric Vehicle Policy would continue until a new policy was notified. The Electric Vehicle Policy of Delhi, which was introduced in August 2020, aimed to raise the proportion of electric vehicles in the total vehicle sales to 25% by 2024. According to official data, more than 1.12 lakh electric vehicles had been sold under the policy. It was stated by Gahlot that Today, we complete three years of Delhi's landmark EV policy that has propelled Delhi to becoming India's electric vehicle capital. As the formulation of a new electric vehicle policy was still under process, Gahlot mentioned in a tweet that the subsidy benefits of the existing policy would persist until the new policy was notified. As of May, around 86% of the measures and targets of Delhi's electric vehicle policy had been achieved, as stated by the transport department. In May, a stakeholder consultation was conducted by the transport department and Delhi Electric Vehicle Cell as a part of the process of drafting a revised 'Delhi EV Policy 2.0'. Chief Minister Arvind Kejriwal stated in June of this year that Delhi had become the nation's electric vehicle capital with the highest number of such vehicles being purchased in the city. Also read:  Telangana government nets crores from plot auction in Mokila GIC Housing Finance's net profit dips 18.71%

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?