Delhi Electric Vehicle Policy 2020 was launched with the aim to increase the sale and use of electric vehicles in the national capital city to make Delhi the electric vehicle (EV) capital of the country. It was initiated to help improve the air quality of the city as well as to set up a supply-chain ecosystem in the segment of electric vehicles. The government plans to deploy 25 percent battery-operated vehicles amongst all new vehicles by the year 2024. To achieve this, people need to buy electric vehicles, which are still not preferred by the majority of the buyers of new vehicles. So to provide impetus to the adoption of the electric vehicle government, the government is offering electric vehicle subsidy in Delhi. Here is all that you need to know about the Delhi electric vehicle subsidy.
How to apply for electric vehicle and car subsidies in Delhi
The government is working aggressively to give impetus to the adoption of EV in the national capital territory and Delhi electric vehicle subsidy is the key to success. Buyers can easily apply for the electric vehicle subsidy in Delhi as it can be done online from the comfort of their home or office anytime.
- Visit the official EV Delhi portal or click here.
- Then click on the login button.
- Enter the username and password that buyers receive after purchasing the EV at the dealers.
- After entering the credentials and clicking on login, buyers can see the user dashboard, where they need to enter EV model and other details to claim the electric vehicle subsidy in Delhi.
- Once the subsidy claim process is complete, buyers will receive an SMS.
It is a simple process to claim Delhi electric vehicle subsidy. Still, if there is any query or feedback regarding the electric vehicle subsidy in Delhi, click here. The EV subsidy will directly be sent to your bank account.
EV subsidy in India
The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme of the Government of India offers a subsidy of Rs 15000/kWh on the purchase of new electric vehicles. In addition, the Delhi government is also offering subsidies on the purchase of an electric vehicle, depending upon the type of vehicle – two-wheeler, three-wheeler, and four-wheeler. The extra incentive provided by the state government in addition to the FAME incentive by the union government helps buyers financially as it reduces the upfront cost by 50-60 percent.
Delhi government’s electric scooter and car subsidy
For electric two-wheelers, Delhi electric vehicle subsidy is Rs 5,000 per kWh of battery capacity with a maximum limit of Rs 30,000. Up to Rs 30,000 Delhi electric vehicle subsidy is available for electric three-wheelers, rickshaws, and freight carriers. For electric cars and SUVs, Delhi electric vehicle subsidy is Rs 10,000 per kWh of battery capacity for the first thousand EV buyers and is capped at Rs 1.5 lakhs.
Along with the electric vehicle subsidy in Delhi, buyers also get a Rs 5000-7000 scrapping incentive as well as a waiver of road tax and registration fee. All these monetary benefits makes the upfront cost of EVs almost at par with internal combustion engine vehicles.
A range of two-wheeler, three-wheeler and four-wheeler electric vehicles qualify for the Delhi electric vehicle subsidy, giving buyers ample choices to choose the model that suits their requirements. There are over 100 EV models eligible for electric vehicle subsidy in Delhi, including 45 e-rikshaws and 12 four-wheelers. The government has clearly defined eligibility criteria as per the EV segments and categories.
Several Original Equipment Manufacturers (OEMs) have designed and developed electric vehicle models complying with the government’s eligibility criteria. For the convenience of buyers, several dealers are peppered across the city, along with charging stations that are vital for the smooth operation of electric vehicles on the roads of the national capital region. Both monetary benefit and sound infrastructure are important to boost the adoption of EV.