WHAT IS ELECTRIC VEHICLE
12-08-2020 An electric vehicle (EV) is one that operates on an electric motor, Instead of an internal-combustion engine that generates power by burning a mix of fuel and gases.
To ensure the capital’s transition to clean energy, the Delhi government launched an electric vehicle policy last week. This would incentivizeBuying new electric vehicles, Scrapping cars running on petrol and diesel, and Low-interest loans for battery-run commercial vehicles.
INCENTIVISING ELECTRIC VEHICLE
12-08-2020 The Delhi government will provide a subsidy ofUp to Rs 30,000 on the purchase of two-wheelers, auto-rickshaws, e-rickshaws, freight vehicles each, and Rs 1.5 lakh incentives on cars.
12-08-2020
“Electric vehicles are quite costly today.
The vehicles which emit pollutants are cheaper than electric
vehicles, and because of their non-affordability, they are not
purchased by the people and hence not promoted.
The Delhi government will be giving financial incentives so
that more and more people purchase electric vehicles,”
The CM said.
FUNDING?
12-08-2020 The incentives will be funded through a proposed pollution cess and additional road tax on petrol and diesel vehicle users, “especially luxury cars”, and Congestion fee on all vehicles except those driven by battery, the policy says.
TARGET
12-08-2020 The government has set an ambitious target to ensure that by 2024, at least 25% of all new vehicle registrations are that of electric vehicles. “Today, this percentage is only 0.2%, and we want to take it to 25%,” said the CM, flanked by Transport Minister Kailash Gahlot. 12-08-2020 The government also promises to ensure a rollout of batterydriven autos, on which there will be no cap, which is currently fixed at 1 lakh for CNG-run three-wheelers. The policy also expects delivery service providers like Zomato and Swiggy to convert 50% of their two-wheeler fleet to electric by March 2023 and 100% by March 2025. BUSES 12-08-2020 Over the next three years half of the State-run buses to be procured will be pure electric buses. Government will start doing so with the induction of 1,000 pure electric buses by 2020.
SCRAPPING POLICY
12-08-2020 Many people have polluting vehicles at their homes, which are petrol and diesel vehicles. In this case, the old vehicle can be exchanged while purchasing the new vehicle so that it reduces the cost of the new vehicle further. “This scrapping incentive is being given for the first time in the entire country,” said the CM. 12-08-2020 In addition, for those who want to purchase electric vehicles, Loans will be given from the Delhi government at very low-interest rates, and registration and road tax fees will be waived.
LOANS
WHAT ABOUT CHARGING STATIONS?
12-08-2020
The CM said a web of around 200 charging stations
will be created in Delhi.
“Our aim is to create a charging station every 3 km,”
he said.
OVERALL AIM
12-08-2020 Reducing air pollution and Kick-start the already suffering economy by spurring demand.
CENTRAL GOVERNMENT INITIATIVES
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