Delhi's EV Push: Get ₹50,000 Subsidy to Convert Old Cars to Electric

• Delhi government proposes a ₹50,000 subsidy for the first 1,000 old petrol/diesel cars converted to electric vehicles under its new EV Policy draft.
• The initiative aims to reduce pollution and offer an alternative to scrapping vehicles, especially beneficial for owners of expensive cars like Mercedes or BMW.
• This move comes amidst an existing ban on diesel vehicles older than 10 years and petrol vehicles older than 15 years on Delhi roads, enforced by NGT and Supreme Court.
• The draft EV Policy 2.0 also includes a 20-fold increase in the R&D fund (₹5 crore to ₹100 crore) for new battery and charger technologies.
• Further proposals include increasing electric two-wheelers to 12 lakh, boosting battery swapping station assistance, and introducing safety ratings for e-rickshaws.

Why It Matters: Delhi offers ₹50,000 subsidy to convert old cars to EV, aiming to cut pollution and provide alternatives.