Demand boosters for E-Mobility: Delhi EV policy 2020
From CNG-driven public transport fleet to e-mobility, the National Capital Territory (NCT) of Delhi has been an avid promoter of clean mobility solutions for a very long time. In its 2018-19 budget, for the purpose of mitigating vehicular emissions in order to address the larger pertinent challenge of air pollution in the region, the GNCTD (Government of NCT of Delhi) had introduced the “Green Budget”. Among the mobility policies present in the Green Budget, one of the key initiatives was Draft Delhi EV Policy, which was released in November 2018.
Post various consultations with different stakeholders, the final draft was approved and presented in December 2019. Seven months later, on 7th August, GNCTD rolled out the “Delhi EV Policy 2020” with immediate effect.
The primary objective of the policy is to accelerate EV adoption especially in the mass category of two-wheelers, public/shared transport vehicles & goods-carriers, target 25% BEVs (Battery Electric Vehicles) in all new vehicle registrations by 2024 and also to lay out measures to support the creation of jobs in driving, selling, financing, servicing and charging of EVs. The policy will be valid for 3 years from the date of its issue.
Major incentives for various EV segments in Delhi EV policy 2020
Key incentives applicable across vehicle segments:
- Road Tax and registration fees shall be waived for all Battery Electric Vehicles during the period of this policy.
- If the battery is not sold with vehicle, 50% of the Purchase Incentive shall be provided to the vehicle owner & the remaining amount up to 50% would be provided to Energy Operators for defraying the cost of any deposit that may be required from the end users for use of a swappable battery.
Distinct provisions applicable for EVSEs
The funding for all these incentives would be supported using the ‘State EV Fund’ with contributions from various sources such as pollution cess, road tax, congestion fee and Environment Compensation Charge (ECC).