Delhi government new policy: Electric vehicles will be cheaper

The government aims to have a 25 percent share in the total vehicles sold in Delhi by 2024.

Delhi government is giving benefits of up to Rs 1.5 lakh on electric cars.

The Delhi government has announced a new electric vehicle (EV) policy to curb the problem of air pollution in the national capital. Government plans to register 5 lakh electric vehicles in Delhi by 2024, as well as to facilitate the rapid adoption of such vehicles.

The government also said that after the coronavirus crisis, the new policy will help in providing employment in Delhi. The government also aims to have a 25% share of the total vehicles sold in Delhi by 2024. This figure is currently only 0.2%.

Government is targeting to sell 5 lakh electric vehicles in Delhi by 2024

The government will give benefits of up to Rs 30,000 on electric two-wheelers, e-rickshaws, and electric goods vehicles and up to Rs 1.5 lakh on electric cars. These will be given in addition to the benefits provided under the FAME II scheme provided by the Central Government. Apart from this, the state government will also waive interest on loans for electric vehicles for the next three years. Also, the registration fee is waive on the purchase of vehicles on electric vehicles of every segment.

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The benefits are not limited to buying vehicles only, but the government is also planning to set up strong charging infrastructure in the city to deal with the problem of range anxiety. Within a year, 100% subsidy will give for up to Rs 6,000 per unit on 30,000 charging equipment in addition to installing 200 charging points in Delhi.

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