- 10 hrs ago Top-Selling Bikes In India For April 2019 — Hero MotoCorp Receives Stiff Competition From Honda
- 10 hrs ago Ducati Reveals Super Soco CUx Electric Scooter — A Piece Of MotoGP
- 10 hrs ago Royal Enfield 650 Twins Sales Figures Cross 2000 Units A Month
- 11 hrs ago Triumph To Manufacture Electric Motorcycles — Announces Project Triumph TE-1
- Technology Redmi Note 7S vs other budget smartphones available in India
- News Weather forecast today: Heavy downpour likely in Kerala as Southwest monsoon advances
- Sports England have no margin for error at World Cup, warns Stokes
- Lifestyle 10 Effective Home Remedies For Low Blood Pressure Hypotension
- Movies Harshad Chopda & Jennifer Winget Reveal Their Relationship Status & What they Hate About Each Other!
- Education TS Inter Re-verification Result 2019 Likely To Be Declared On May 27
- Finance Air India To Add Flights To Domestic And International Routes In June
- Travel The Bustling City Of Muzaffarnagar In Uttar Pradesh
The Delhi government has released a draft version of their 'Electric Vehicle Policy 2018', which will ensure 25 percent of new registrations in 2023 to be electric vehicles.
The Delhi government through the new policy have planned to create a substantial corpus of funds, which will incentivise all vehicle segments in the country. Kailash Gahlot, Delhi transport Minister, mentioned that the incentives provided are in addition to those offered by the central government's FAME scheme.
Gahlot also stated that 30 per cent of the particulate pollution in winter is caused by vehicles. Hence the quick adoption of electric vehicles with zero-emission is important, especially for the city of Delhi.
The new Electric Vehicle Policy of 2018 has also announced the strengthening of the infrastructure for battery charging and swapping. This will further provide access within a three-kilometre range from anywhere in the city.
The policy stated, "Additional fees on non-electric vehicles will fund the bulk of corpus created to incentivise the adoption of electric vehicles. This policy will also seek to promote large-scale job creation in driving, selling, financing, servicing and charging of electric vehicles."
As part of the new policy, the government of Delhi has proposed to provide a subsidy of up to Rs 22,000 on the purchase of anelectric two-wheeler. This will help ensure customers pay a cost either equal to or less than the petrol powered vehicles.
Also, all taxes and fees will be waived off for all-electric vehicles. This includes road tax, registration fees and the one-time parking fee at MCD (Municipal Corporation of Delhi).
Apart from the electric two-wheeler segment, individual auto-rickshaw drivers will get a down payment subsidy of Rs 12,500 while electric-rickshaw drivers receive a subsidy of Rs 20,000 from the Delhi government. The policy also stated that passengers using the e-rickshaws and e-cab services will also get a cashback of Rs 10 per trip.
The Delhi government also announced that 50 per cent of the buses purchased for use in the city fleet will be completely electric buses. The procurement will start with the induction of the first 1000 electric buses in 2019.
Thoughts On Electric Vehicle Policy For Delhi
The Indian capital, New Delhi has been facing a huge crises of increased pollution. The Delhi Government has now drafted a new EV Policy which will aim to curb the pollution and the amount of particulate matter in the air through offering additional subsidies and incentives to shift towards electric mobility and zero emissions.