Delhi CM Arvind Kejriwal to give financial assistance on launches E-Vehicle policy, to provide up to Rs 1.5 lakh subsidy on purchase

Delhi Chief Minister Arvind Kejriwal on Friday announced Electric Vehicle Policy (EVP) with an expect to decrease pollution levels in the national capital and create work. Naming the EVP nation’s most dynamic strategy, Kejriwal said that money related help up to Rs 1.5 lakh will be given to individuals on the acquisition of electric vehicles.

“We have notified the Electric Vehicle Policy today. With this policy, we aim to generate employment to give a boost to Delhi’s economy and reduce pollution levels in the national capital,” Kejriwal said.

Under the Electric Vehicle Policy, the government will provide financial assistance to those buying electric cars, two-wheelers and auto-rickshaws, the Delhi chief minister said. 

“After launching this policy, we expect registration of 5 lakh new electric vehicles in the next 5 years,” he added.

“Delhi Govt will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of Rs 30,000 will be given on the purchase of 2-wheelers, Rs 1.5 lakh on cars & Rs 30,000 on auto-rickshaws & e-rickshaws.”

“Under the policy, 200 charging stations will be set up in one year for the ease of e-vehicle users,” the CM said, claiming that Delhi’s new Electric Vehicle Policy will be country’s progressive policy.

There will be no registration fee, road tax under electric vehicle policy as well as low-interest loans for electric commercial vehicles, Kejriwal added.

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