Team-BHP > Electric Cars


Reply
 
Thread Tools Search this Thread
Old 23rd December 2019, 21:35   #1
BANNED
 
Join Date: Jul 2019
Location: City of Destiny
Posts: 1,565
Thanked: 7,944 Times
Infractions: 0/1 (7)
Default Delhi rolls out electric vehicle policy; targets 5 lakh EV registrations by 2024

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.
Quote:
New Delhi: Delhi government aims to register at least 5 lakh electric vehicles by 2024 in order to reduce air pollution in the national capital region, claims a media report quoting 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 per cent 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.

Also, the government will form an electric vehicle board that will be responsible for implementing the policy.

The state presented a draft electric vehicle policy in November 2018. As per the draft the primary objective if Delhi EV Policy 2018 is to bring about a material improvement in Delhi’s air quality by bringing down emissions from the transport sector. To do so, this policy will seek to drive rapid adoption of Battery Electric Vehicles (BEVs) in a manner where they contribute to 25 per cent of all new vehicle registrations by 2023.

This policy will also seek to put in place measures to support the creation of jobs in driving, selling, financing, servicing and charging of EVs.
Source: ET Auto
wheelguy is offline   (6) Thanks
Old 23rd December 2019, 22:34   #2
BHPian
 
sandhyab's Avatar
 
Join Date: Jun 2019
Location: Delhi
Posts: 96
Thanked: 229 Times
Default Re: Delhi rolls out electric vehicle policy; targets 5 lakh EV registrations by 2024

Quote:
Originally Posted by wheelguy View Post
These electric vehicles will mostly include two-wheelers and commercial vehicles, said Delhi CM.
Not sure what's the meaning of this statement and if it means there will be no subsidy for private buyers of EV cars, will be very sad if that is the case.

Personally i am looking to buy an EV as my next purchase if I see an added value to it otherwise it will be a used camry or an accord for me
sandhyab is offline   (1) Thanks
Old 24th December 2019, 18:24   #3
BANNED
 
Join Date: Jul 2019
Location: City of Destiny
Posts: 1,565
Thanked: 7,944 Times
Infractions: 0/1 (7)
Default Re: Delhi rolls out electric vehicle policy; targets 5 lakh EV registrations by 2024

Incentives for electric two wheelers:
  • The Delhi EV Policy has also rolled out several provisions for electric two-wheeler buyers including a purchase incentive of ₹ 5000 per kWh of battery capacity. So, a two-wheeler with a battery capacity of 2 kWh will get a subsidy of ₹ 10,000 as compared to ₹ 5500 presently offered by DPCC as subsidy. There will also be a scrapping incentive of ₹ 5000 on offer, subject to evidence of matching contribution from the dealer or OEM.
  • The policy will also allow ride-hailing service providers to operate electric two-wheeler taxis in a big step-up for last-mile connectivity. Delivery services that employ two-wheelers will also be expected to transition 50 per cent of their fleet to electric vehicles by March 2023, and completely to March 2025.
Incentives for electric four wheelers:
  • The policy offers an incentive of ₹ 10,000 per kWh of battery capacity for the first 1000 cars with a limit of ₹ 1.5 lakh per vehicle. All the leased and hired cars for commuter of GNTCD officers will transition to electric within a year from the date of notification of the policy.
Incentives for electric three wheelers and carriers:
  • The Delhi EV Policy also offers a purchase incentive of ₹ 30,000 on three-wheelers, up from zero at the moment.
  • There will also be an interest subvention of five per cent on loans or hire purchase scheme for electric autos. That will bring the interest rate from a bank down to seven per cent from the average interest of 12 per cent, which will be the lowest for EVs in the country.
  • There will also be an open permit system on a first-come-first basis for electric autos, which will be subjected to the cap of the maximum number of autos permissible in Delhi by Supreme Court orders. The electric carriers will be exempt from plying and idle parking of light goods vehicles on identified roads of NCT during specified timings.
Incentives for electric buses:
  • The Delhi EV Policy will fall in line with the GNTCD to convert 50 per cent of its fleet to electric buses including smaller buses. All other vehicles will receive financial incentives for both fixed battery and swappable battery models. It will also encourage new technologies in the EV space.
Charging network:
  • Furthermore, the government will also be building the charging infrastructure during the policy period.
  • All new home and workplace parking will have to be EV ready with 20 per cent of the vehicle parking holding to be EV compliant.
  • The Delhi government will provide 100 per cent subsidy on the purchase of charging equipment up to ₹ 6000 per charging point for the first 30,000 charging points. The subsidy though will be available through DISCOMS who will be in charge of the charging installations.
  • There will also be public charging and battery swapping facilities within three km of travel in Delhi. Energy Operators (EO) will be invited to set-up charging and battery swapping stations across the capital with minimum lease rentals.
  • The Delhi government will also provide capital subsidy for the cost of chargers installation including reimbursement of 100 per cent net State GST for EOs on the purchase of advanced batteries at swapping stations.
Policy implementation:
  • In addition, the Delhi EV Policy states that there will be a dedicated EV cell within the transport department for effective implementation. The funding for all the incentives will be obtained from multiple sources including pollution/diesel cess, road tax, environment compensation charge under the Feebate concept. This will be brought under the non-lapsable State EV fund. A state EV board will also be constituted as the apex body for effective implementation of the policy. The policy also clarifies that current subsidies under DPCC shall continue
Source
wheelguy is offline   (5) Thanks
Reply

Most Viewed
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Copyright ©2000 - 2021, Team-BHP.com
Proudly powered by E2E Networks