Delhi Chief Minister Rekha Gupta highlighted that the Delhi EV Policy 2026 is tailored to save money and provide significant financial advantages to individuals opting for electric vehicles. The policy not only aims to reduce the initial cost of purchasing an electric vehicle but also lowers its overall ownership expenses, encouraging a shift towards EVs. It integrates various financial perks such as purchase incentives, scrapping incentives for old polluting vehicles, lifetime exemption from road tax, registration fee waivers, and reduced operating costs compared to traditional petrol and diesel vehicles.
The Chief Minister emphasized that a common concern among potential electric vehicle buyers is whether it will be cost-effective. She affirmed that the Delhi EV Policy 2026 addresses this concern positively, positioning electric vehicles as a financially prudent choice for households, commercial drivers, and businesses of all scales. Eligible buyers of electric two-wheelers stand to receive purchase incentives of up to Rs 30,000, a scrapping incentive of Rs 10,000, lifetime road tax exemption, and complete registration fee waivers, potentially saving over Rs 50,000 initially, excluding tax-related benefits.
Under the policy, buyers of electric auto-rickshaws (L-5) can benefit from a purchase incentive of up to Rs 50,000, a scrapping incentive of Rs 25,000, lifetime road tax exemption, and full registration fee waivers, leading to initial savings exceeding Rs 75,000, excluding tax benefits. Additionally, purchasers of electric Gramin Sewa vehicles are eligible for a scrapping incentive of Rs 15,000 for replacing an old vehicle. Those buying electric light goods carriers can enjoy purchase incentives of up to Rs one lakh, a scrapping incentive of Rs 50,000, lifetime road tax exemption, and registration fee waivers, potentially reducing the initial cost by nearly Rs 1.50 lakh, excluding tax-related benefits.
Chief Minister Gupta clarified that the policy does not offer a purchase incentive for private electric cars. However, individuals scrapping a conventional fuel-powered car to purchase an electric car can receive a scrapping incentive of up to Rs 1 lakh, along with lifetime road tax exemption and complete registration fee waivers. She stressed that despite the absence of a purchase incentive, these provisions still provide significant financial advantages to buyers. Notably, the policy’s strength lies in combining multiple financial benefits rather than relying on a single subsidy. Eligible buyers can substantially lower the effective purchase cost of their vehicles by leveraging purchase incentives, scrapping incentives, lifetime road tax exemption, and a one-time waiver of registration fees.
