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New EV Policy: Delhiites to get subsidy in 60 days of owning e-vehicle
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ET Markets - Industry 10d ago

New EV Policy: Delhiites to get subsidy in 60 days of owning e-vehicle

Delhi's new EV Policy promises subsidies within 60 days for electric vehicle buyers, including two-wheelers up to Rs 2.25 lakh. Incentives for electric two, three, and four-wheeled goods vehicles will be directly transferred. A committee will approve eligible EV models. While electric cars miss purchase incentives, they get road tax and registration fee exemptions until March 2030. The policy details tiered subsidies for two-wheelers and e-autos over three years.

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Delhi EV Policy 2026 paves way for hydrogen-powered vehicles
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ET Markets - Industry 10d ago

Delhi EV Policy 2026 paves way for hydrogen-powered vehicles

Delhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissions, a major contributor to air pollution. The city plans to introduce two hydrogen-powered buses soon, with the Delhi Transport Corporation collaborating with NTPC for this initiative. This move signifies a significant stride towards cleaner, sustainable public transportation and a future-ready mobility ecosystem for the national capital.

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Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption
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ET Markets - Industry 12d ago

Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption

Delhi is accelerating its electric mobility drive, with two-wheelers now forming nearly 40% of registered electric vehicles. The city plans to ban new petrol and CNG two-wheeler registrations from April 2028, aiming to curb significant transport-related emissions. Experts emphasize the need for regional policy alignment to maximize pollution reduction benefits across the Indo-Gangetic Plain.

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Haryana unveils tax breaks to accelerate shift to cleaner commercial vehicles
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ET Markets - Industry 16d ago

Haryana unveils tax breaks to accelerate shift to cleaner commercial vehicles

Haryana is offering a full waiver on motor vehicle tax for new environment-friendly trucks and buses in NCR districts. This initiative targets owners replacing older vehicles with BS-VI, electric, or CNG models. The move aims to significantly cut pollution from commercial transport, a major contributor to Delhi-NCR's air quality issues. This aligns with a broader central government program to modernize fleets and improve air quality across the region.

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Electric two-wheelers, private EV cars record highest registrations since 2019 in Delhi
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ET Markets - Industry 31d ago

Electric two-wheelers, private EV cars record highest registrations since 2019 in Delhi

Delhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 2019. This surge contrasts with a sharp decline in e-rickshaw numbers. The city is moving towards cleaner mobility with new policies planned to phase out fossil fuel vehicles.

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From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCR
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ET Markets - Industry 38d ago

From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCR

The Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air pollution in the region. Owners of older vehicles can get incentives to switch to cleaner BS-VI or electric vehicles. The scheme will benefit over two lakh vehicle owners and involves financial support and tax concessions.

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Sona Comstar sets sights on acquisitions, EV-focused order book to drive growth
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ET Markets - Industry 68d ago

Sona Comstar sets sights on acquisitions, EV-focused order book to drive growth

Sona Comstar is actively seeking acquisitions to utilize its substantial cash reserves. The auto-components maker is building on a large order book, with a growing emphasis on electric vehicles. The company is open to deals up to ₹2,000 crore or more, targeting technology and new product adjacencies. While domestic acquisitions are preferred, international options are not ruled out.

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No addition of petrol, diesel vehicles to delivery, ride aggregator fleets in Delhi: Draft EV policy
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ET Markets - Industry 91d ago

No addition of petrol, diesel vehicles to delivery, ride aggregator fleets in Delhi: Draft EV policy

Delhi EV polocy: The nationak capital is set to electrify its transport sector. New petrol and diesel vehicles will not join delivery and ride aggregator fleets starting this year. From 2027, only electric auto-rickshaws will be registered. Incentives are offered for electric three-wheelers to encourage adoption. This policy targets high-usage vehicles to reduce pollution.

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Delhi draft EV Policy 2026 proposes subsidy up to Rs 30,000 for e-two-wheelers; no road tax or registration fee for most EVs
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ET Markets - Industry 91d ago

Delhi draft EV Policy 2026 proposes subsidy up to Rs 30,000 for e-two-wheelers; no road tax or registration fee for most EVs

Delhi's new EV Policy 2026 offers significant subsidies for electric vehicles. Buyers of electric two-wheelers could receive up to Rs 30,000. Electric auto-rickshaws may get Rs 50,000. Electric four-wheel goods vehicles can receive up to Rs 1 lakh. These incentives aim to boost electric vehicle adoption in the capital.

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MSTC shares surge 7% on scrappage incentives in new Delhi EV policy 2026, extend one-month rally to 57%
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Moneycontrol NaNd ago

MSTC shares surge 7% on scrappage incentives in new Delhi EV policy 2026, extend one-month rally to 57%

Under the new policy, owners replacing BS-IV or older two-wheelers with electric vehicles will be eligible for an additional scrappage incentive of Rs 10,000.

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