Delhi CM launched new EV Policy 2020

The Council of Ministers, Government of NCT of Delhi today approved Delhi Electric vehicles policy 2020. The policy recognises that a new approach is needed to kick-start the adoption of electric vehicles in Delhi. The Delhi Chief Minister Arvind Kejriwal launched this new EV policy aims to boost the economy, create jobs and reduce air pollution in Delhi. 

Delhi CM launched new EV Policy 2020

Delhi EV Policy Aims

The main objective of the Delhi EV policy, 2020 is to establish Delhi as the EV capital of India and accelerate the space of EV adoption across vehicle segments especially in the mass category of two-wheelers, public and shared transport vehicles and good carriers.

It seeks to drive rapid adoption of BEVs so that they contribute to 25% of all new vehicle registrations by 2024. 

EV policy validity

Electric vehicle policy, 2020 will remain valid for a period of three years from the date of issue of the policy.

The policy is proposed to be implemented

• Financial Incentives-Purchase incentives, scrapping incentives, interest subvention on loans
• Waiver of road tax and registration fees.
• Establishment of a wide network of charging stations and swappable battery stations and development of a publicly owned database of the same.
• Administration of the policy including constitution of State EV Board, the establishment of a dedicated EV cell and developing an intensive public outreach programme focused on creating the awareness about the benefits of EVs and key elements of the policy.
• Setting up of skill centres with provision for training related to jobs in the EV ecosystem and creation of jobs.
• Setting up recycling ecosystem for batteries
• Creation of an umbrella, non-lapsable ‘State EV Fund’ fund, to be funded through the air ambience fund, levy of additional taxes, cess, fee etc, on inefficient or polluting vehicles.

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