Delhi rolls out electric vehicle policy with aim of having 5 lakh EV registrations by 2024

Delhi
government aims to register at least 5 lakh electric vehicles by 2024 in order
to reduce air pollution in the national capital region, announced Delhi CM
Arvind Kejriwal.

In its bid
to promote the electric vehicles, the Delhi Government has passed the EV
policy. These electric vehicles will mostly include two-wheelers and commercial
vehicles, said Delhi CM.

According to
the report, Kejriwal also said that the Delhi government’s aim is to register
at least 25% electric vehicles by 2024. According to the EV policy passed by
Delhi cabinet on Monday, the government will provide subsidy to promote the
e-vehicles, said Kejriwal.

The Delhi government
is targeting induction of 35,000 electric two, three, four wheelers and buses
along with 1,000 electric vehicles for last mile deliveries and 250 public
charging and battery swapping stations.

Also, it has
turned down road tax and registration fees for all battery electric vehicles
for the next three years.

The policy
also mandates that new home and workplace parking should reserve 20 per cent
parking to EVs. The Delhi government will provide 100% subsidy for the purchase
of charging equipment costing up to Rs 6,000 per unit for the first 30,000
charging points at homes and workplaces.