logo
#

Latest news with #EVPolicy

Delhi Gears Up to Launch New Electric Vehicle Policy Next Month
Delhi Gears Up to Launch New Electric Vehicle Policy Next Month

Arabian Post

timea day ago

  • Automotive
  • Arabian Post

Delhi Gears Up to Launch New Electric Vehicle Policy Next Month

Delhi's government is set to introduce an updated Electric Vehicle Policy next month, aiming to enhance sustainable transport options and aggressively combat the city's longstanding pollution challenges. The forthcoming policy update builds on the foundation laid by the original EV Policy, which has been instrumental in accelerating the adoption of electric vehicles across the capital. This next iteration emerges following a comprehensive review by an expert committee tasked with assessing the policy's effectiveness and identifying areas for refinement. The city's persistent struggle with hazardous air quality has propelled the administration to double down on measures that reduce emissions, with electric vehicles representing a critical component of the broader environmental strategy. The new policy framework is expected to focus on improving public and private transport through increased incentives, infrastructure development, and regulatory support. The objective is to not only facilitate the switch from conventional fossil fuel vehicles to EVs but also to ensure a seamless ecosystem that supports electric mobility for consumers and manufacturers alike. One of the central features under consideration is the expansion of subsidies and financial incentives for buyers of electric two-wheelers, three-wheelers, and cars. Since the initial policy launch, Delhi has witnessed a steady rise in EV sales, spurred by subsidies, easier registration processes, and preferential parking privileges. The new policy aims to amplify these benefits, possibly increasing the subsidy amounts to align with technological advancements and market trends. The government is also exploring differentiated incentives to encourage the uptake of electric commercial vehicles and public transport fleets, recognising their substantial contribution to urban emissions. ADVERTISEMENT Charging infrastructure remains a pivotal challenge in the EV transition. To address this, the updated policy will emphasise the accelerated deployment of charging stations across the city, including residential complexes, commercial hubs, and public spaces. The government plans to partner with private players and utility providers to establish a robust network, minimising range anxiety among potential EV users. Additionally, the policy will advocate for streamlined permitting processes to facilitate rapid infrastructure rollout. These measures aim to create a user-friendly environment that supports daily electric vehicle operations without hindrance. Delhi's EV Policy 2.0 is also expected to incorporate measures aimed at fostering local manufacturing and innovation. The capital's position as a key market and production hub in India for electric vehicles offers significant economic potential. The government is likely to introduce incentives for companies investing in research and development, battery manufacturing, and vehicle assembly within the city. This approach is designed to generate employment, encourage technological advancement, and reduce dependency on imports, especially in critical components such as lithium-ion batteries. Environmental experts have welcomed the policy update, highlighting its potential to drastically reduce the city's vehicular pollution, which accounts for a significant share of Delhi's air quality problems. Dr. Anita Sharma, an environmental scientist based in Delhi, notes that 'an effective EV policy not only addresses tailpipe emissions but also signals a shift towards sustainable urban planning and cleaner energy use.' She points out that integrating renewable energy sources into the charging infrastructure could further enhance the policy's impact by ensuring that electric vehicles operate on green electricity rather than fossil-fuel-based power. However, some challenges remain. The affordability of electric vehicles, despite subsidies, continues to be a barrier for many consumers. While the policy aims to widen access, the upfront cost of EVs compared to traditional petrol or diesel vehicles can deter lower-income buyers. Analysts suggest that targeted financing options and longer-term incentives could help bridge this gap. Moreover, the sustainability of the electric vehicle supply chain, including the ethical sourcing of battery materials, is gaining attention among policymakers and activists alike. Delhi's transport department has reiterated its commitment to transparency and public consultation throughout the policy finalisation process. Public workshops and stakeholder meetings have been conducted to gather feedback from industry experts, civil society groups, and consumer representatives. This collaborative approach aims to ensure that the policy is balanced, practical, and aligned with the city's unique mobility landscape. ADVERTISEMENT The new policy comes amid increasing competition among Indian cities to become leaders in electric mobility. Metropolitan areas like Mumbai, Bengaluru, and Hyderabad have also been rolling out ambitious EV incentives and infrastructure projects. Delhi's updated framework is expected to set a benchmark in terms of scale and ambition, potentially serving as a model for other regions seeking to tackle urban pollution through cleaner transportation alternatives.

Delhi govt to provide subsidies to promote electric vehicles through new EV policy, says CM Rekha Gupta
Delhi govt to provide subsidies to promote electric vehicles through new EV policy, says CM Rekha Gupta

Hindustan Times

time4 days ago

  • Automotive
  • Hindustan Times

Delhi govt to provide subsidies to promote electric vehicles through new EV policy, says CM Rekha Gupta

Delhi government will continue to offer subsidies the electric vehicles through its new EV Policy. Delhi government will continue to offer subsidies the electric vehicles through its new EV Policy. (Getty Images via AFP) Check Offers The Delhi government will provide subsidies to people to promote electric vehicle adoption in the national capital in its new EV policy, said Delhi's Chief Minister, Rekha Gupta, on Saturday. She said that while highlighting the Delhi government's different initiatives to combat air pollution. The Delhi CM has said that the transformation of all the vehicles, including private ones, into electric vehicles (EVs) is a big vision for which the Delhi government is coming up with a new EV policy, PTI reported. "We will urge people to purchase electric vehicles for which they will be provided subsidies," she reportedly said. Gupta also said that air pollution in the national capital region is a year-long problem that requires sustained efforts, for which the Delhi government is hiring 1,000 water sprinklers to be used to combat dust on the roads throughout the year. "In view of traffic, these sprinklers will operate in early morning and late night hours so that no congestion is there on the roads," she reportedly added. Gupta reportedly urged people to adopt electric vehicles. Delhi EV Policy 2.0: What does it envision? The Delhi government drafted the new EV policy earlier this year, detailing a roadmap for the government's vision for electric mobility. The Delhi EV Policy 2.0 draft has proposed tax waivers for hybrid vehicles for the first time. The inclusion of strong hybrid and plug-in hybrid electric vehicles under the policy marks a shift from the erstwhile BEV-exclusive approach to a broader clean mobility framework. The draft policy proposed a full exemption on road tax and registration fees for hybrid vehicles with an ex-showroom price of up to ₹ 20 lakh. The draft policy states that this move would bring down the price of such vehicles and encourage car users to shift to the usage of such vehicles. Besides that, road tax and registration fees will be fully waived for all Battery Electric Vehicles (BEVs) throughout the duration of the Delhi EV Policy 2.0. However, this exemption for electric cars will apply only to those models with an ex-showroom price of ₹ 20 lakh or below. The Delhi EV Policy is known as one of the most comprehensive electric vehicle policies in India. In the five years since the policy was introduced, the National Capital Territory of Delhi has established itself as a national leader in electric vehicle (EV) adoption. During this period, the share of EVs in total vehicle sales in Delhi increased nearly fourfold, reaching an average of 12 per cent in 2024. In 2024, electric vehicle sales in Delhi saw a remarkable 30 per cent increase compared to 2022, with a total of 82,081 EVs registered during the year. With the new EV Policy, the Delhi government is aiming to ramp up the pace of EV adoption in the city and region. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 01 Jun 2025, 10:46 AM IST

Maharashtra Unveils Ambitious EV Policy, Targets 30% Adoption by 2030
Maharashtra Unveils Ambitious EV Policy, Targets 30% Adoption by 2030

Entrepreneur

time26-05-2025

  • Automotive
  • Entrepreneur

Maharashtra Unveils Ambitious EV Policy, Targets 30% Adoption by 2030

This policy, set to be in effect from April 1, 2025, to March 31, 2030, is part of a broader vision to reduce pollution and make Maharashtra a hub for electric mobility in India. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The state of Maharashtra announced a major step toward a greener future. The government officially rolled out its new Electric Vehicle (EV) policy, aiming for 30% EV adoption across the state by the year 2030. This policy, set to be in effect from April 1, 2025, to March 31, 2030, is part of a broader vision to reduce pollution and make Maharashtra a hub for electric mobility in India. The policy includes strong support for both individuals and industries. It mandates that all new residential buildings must be equipped with EV charging facilities. New commercial buildings must reserve 50% of parking for EV charging, and even existing commercial buildings will have to dedicate 20% of their space. In addition, every government office parking lot will include at least one EV charging station. To promote the shift, the government has announced attractive financial incentives. Buyers of electric four-wheelers used for transport can receive up to INR 2 lakh, while electric buses are eligible for up to INR 20 lakh in incentives. A total of one lakh two-wheelers, 25,000 four-wheelers for transport use, and 1,500 city and private buses will be supported under this policy. EVs registered during this period will enjoy complete exemption from Motor Vehicle Tax and registration renewal fees. They will also receive 100% toll exemption on the Mumbai-Pune and Mumbai-Nashik expressways. A committee led by the chief secretary will consider expanding these benefits to more roads under the Public Works Department. To support EV growth, charging stations will be installed every 25 km along highways. Public charging stations will also receive financial assistance through viability gap funding. The policy goes beyond vehicles. It supports research and development in battery technology, green hydrogen, and vehicle-to-grid systems. A INR 15 crore fund will be created under the Chief Minister's EV R&D Grant to support this innovation. Finally, the Maharashtra State Board of Technical Education (MSBTE) will launch new courses in EV design, battery systems, and power electronics to build a skilled workforce. With this policy, Maharashtra has set the wheels in motion for a cleaner, smarter, and more sustainable transport system—driving the state confidently into the future.

Chandigarh admn pulls the plug on subsidy for electric cars as quota runs out
Chandigarh admn pulls the plug on subsidy for electric cars as quota runs out

Hindustan Times

time16-05-2025

  • Automotive
  • Hindustan Times

Chandigarh admn pulls the plug on subsidy for electric cars as quota runs out

City residents looking to buy electric cars for personal use will no longer receive incentive for switching to an eco-friendly vehicle as the UT administration has announced discontinuation of the subsidy for this category. Reason: The allocated 2,000 slots for electric cars (personal) for a ₹1.5-lakh incentive under the administration's Electric Vehicle (EV) Policy, launched in September 2022, has run out. However, citizens can still grab incentives for 4,000 electric two-wheelers and 1,000 electric commercial vehicles, including cars for non-personal use, under the remaining quota. Over 20,000 electric vehicles have been registered in the city so far and ₹34.73 crore disbursed as incentives under the EV Policy, as of October 31, 2024, to encourage EV adoption. As part of the policy, an incentive ranging from ₹3,000 to ₹2 lakh was offered for up to 42,000 vehicles of different categories, including 25,000 e-cycles, 10,000 e-bikes, 2,000 e-cars (personal) and e-cars (commercial), purchased between September 20, 2022, and September 19, 2027. Now that the quota for electric cars (personal), entailing a ₹1.5 lakh incentive, has been exhausted, new buyers will no longer be eligible for these benefits. A senior official of the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST), the nodal agency for implementing UT's EV policy, said a proposal had been submitted to the central government, requesting the transfer of unused quotas for e-cycles and e-commercial vehicles to electric cars. If approved, this move could offer some relief to prospective electric car buyers. The administration has encouraged the public to explore other EV options, including e-cycles and e-bikes, to take advantage of the remaining incentives, the official added. Meanwhile, EV owners in Chandigarh continue to enjoy free parking. To promote EVs, the administration has also waived registration fee and road tax for five years, while owners of vehicles running on conventional fuels have to pay both. The UT administration had launched its five-year EV Policy with the aim of gradually phasing out fuel-powered vehicle registrations to discourage the use of polluting vehicles. However, on November 23, 2023, in response to pressure from various stakeholders, then UT administrator Banwarilal Purohit had lifted the cap on registration of non-electric vehicles, including two-wheelers, four-wheelers and commercial vehicles. The EV initiative is part of a broader strategy to make Chandigarh a 'Model EV City', with a target of achieving one of the highest zero-emission vehicle adoption rates in India by 2027. As many as 24 EV charging stations—including nine battery swapping stations—have been made fully operational across the city.

EVs to get toll waivers, subsidies under this state's new Rs 1,993 crore policy: Details
EVs to get toll waivers, subsidies under this state's new Rs 1,993 crore policy: Details

Time of India

time30-04-2025

  • Automotive
  • Time of India

EVs to get toll waivers, subsidies under this state's new Rs 1,993 crore policy: Details

EVs to get toll waivers, subsidies approved under Maharashtra's new EV Policy. The Maharashtra cabinet on Tuesday cleared the Electric Vehicle Policy 2025. The policy introduces subsidies on EV purchases and toll exemptions for select electric vehicles using major highways in the state. The new policy will remain in effect till 2030 and comes with a financial commitment of Rs 1,993 crore. Chief Minister Devendra Fadnavis, who chaired the cabinet meeting, said the policy is part of a long-term vision to encourage wider adoption of EVs and ramp up local manufacturing. As part of the initiative, passenger EVs will be eligible for government subsidies, while charging infrastructure will also receive a significant upgrade. One of the key highlights includes setting up charging stations every 25 kilometres along national highways in Maharashtra to ease range anxiety and support long-distance EV travel. Kia EV9 Review: Worth the Price Tag? | TOI Auto The state government is also implementing the Clean Mobility Transition Model under this policy, offering purchase incentives till 2030. Buyers of electric two-wheelers, three-wheelers, private four-wheelers, and buses operated by both the state transport department and civic bodies will receive a 10% concession on the vehicle's original cost. For electric cargo vehicles, including three-wheelers, four-wheelers, and tractors, the subsidy goes up to 15%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo In addition to monetary concessions, the state is also waiving registration fees for EVs. Commuters driving four-wheeler EVs and electric buses on key corridors like the Mumbai-Pune Expressway, Samruddhi Mahamarg, and Atal Setu will enjoy toll-free access. On other state and national highways, these vehicles will be charged only 50% of the regular toll. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store