Delhi approves ₹15,000-crore electric vehicle policy

The Delhi government approved a comprehensive new electric vehicle policy on Monday, June 29, 2026, with an estimated investment of 15,000 crore rupees over four years to combat air pollution and accelerate the transition to zero-emission transport. The policy is expected to take effect on July 1 and will remain in force until March 31, 2030.

Chief Minister Rekha Gupta announced the policy, which includes a range of financial incentives and mandates. All-electric four-wheelers with an ex-showroom price of 30 lakh rupees or less will receive a 100% exemption from road tax and registration fees. Purchase subsidies are structured to phase out over three years. For electric two-wheelers, buyers will receive 30,000 rupees in the first year, 20,000 in the second, and 10,000 in the third. For electric three-wheelers, the incentives are 50,000, 40,000, and 30,000 rupees respectively. Buyers of N1 category electric trucks will be eligible for a purchase incentive of up to 1 lakh rupees.

A significant component is the scrappage incentive framework designed to remove older, polluting vehicles from the roads. Owners of BS-IV or older four-wheelers who scrap their vehicles and switch to an...