Delhi EV Policy 2.0: Get Up To Rs 1 Lakh Incentive For Cars Costing Rs 15 Lakh; Here's How To Avail

The Delhi government is pushing ahead with its electric vehicle (EV) agenda on two fronts-clearing a massive backlog of pending subsidies while preparing a fresh policy aimed at accelerating adoption. While thousands of EV buyers are finally receiving delayed payments, a new incentive-driven framework is also in the works, promising financial benefits for those scrapping older vehicles and switching to electric mobility.

Delhi EV Policy 2.0: New Policy With Scrappage Incentives Planned

At the same time, the government is preparing a new EV policy aimed at boosting adoption. According to reports, the proposed framework will offer financial incentives to individuals who scrap older BS-IV or earlier vehicles and switch to electric alternatives.

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The benefits will vary depending on the vehicle category. Buyers of electric two-wheelers could receive Rs 10,000, while those opting for electric three-wheelers may get Rs 25,000. The highest incentive-up to Rs 1 lakh-will be offered to private car buyers, although this will be limited to vehicles priced up to Rs 15 lakh and capped for a fixed number of applicants.

Tax Benefits And Direct Transfers

The upcoming policy is also expected to continue offering major tax relief. Electric vehicles registered in Delhi may remain exempt from road tax and registration charges until March 31, 2030, significantly reducing ownership costs.

Additionally, incentives will be transferred directly to beneficiaries via Direct Benefit Transfer, ensuring transparency and reducing the chances of misuse. Only registered owners of scrapped vehicles will be eligible to claim these benefits.

Rs 30 Crore EV Subsidy Backlog Cleared

After months of delay, the Delhi government has begun disbursing over Rs 30 crore in pending EV subsidies, offering relief to thousands of buyers and businesses. The move addresses a backlog of more than 22,000 claims under the existing EV policy.

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According to official data, 12,877 individual buyers are set to receive Rs 24.04 crore after completing Aadhaar verification. Additionally, Rs 7.95 crore will be released to 3,948 companies and firms. The payments are being processed through a Direct Benefit Transfer (DBT) system linked to the Public Financial Management System (PFMS), ensuring faster and more transparent disbursal.

Officials have indicated that the EV incentive portal is being upgraded and will soon be relaunched, with pending applications to be prioritised. The new policy is expected to take a more targeted approach, encouraging early adoption while focusing on mass-market segments rather than high-end vehicles.

Together, the clearance of pending subsidies and the proposed incentive-driven policy signal a renewed push by the Delhi government to strengthen EV adoption and reduce vehicular pollution in the capital.

Source: TOI