The Delhi government approved an electric vehicle policy providing a subsidy of Rs 5,000 per kWh of battery capacity on the purchase of two-wheelers.
Image used for representational purpose. (Photo: Reuters)
Auto industry body SIAM said the electric vehicle policy announced by the Delhi government would help encourage consumers to adopt electric vehicles. Some of the welcome announcements in the policy include measures which would make electric vehicles affordable and acceptable, Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement. These include purchase incentives, interest subvention, scrappage incentive, waiver on road tax, waiver on registration and parking fees and measures to push charging infrastructure, he added.
Similarly, the Society of Manufacturers of Electric Vehicles (SMEV) also lauded the policy unveiled by the Delhi government. “We are delighted to see the Delhi government take the lead in making EVs more appealing to customers…I am thankful that the government considered most of our recommendations including the conversion of commercial ICE vehicles into electric, E-bike taxi and more such alternatives as they are the key drivers in taking the e-mobility momentum forward,” SMEV Director General and Hero Electric CEO Sohinder Gill said.