Delhi Offers Rs 50,000 Subsidy to Convert Old Cars to EVs, Aims to Curb Pollution

• Delhi government proposes a Rs 50,000 subsidy for the first 1,000 old petrol/diesel cars converted to electric vehicles.
• Part of draft EV Policy 2.0, the move aims to combat air pollution and accelerate EV adoption, offering an alternative to scrapping.
• The incentive targets owners of ageing, restricted vehicles, particularly high-end models like Mercedes or BMW, reluctant to scrap them.
• EV Policy 2.0 also includes boosting R&D funds to Rs 100 crore, increasing electric two-wheelers to 12 lakh, and higher battery-swapping incentives.
• The initiative addresses high retrofit kit costs, a previous hurdle, and supports owners facing bans on old vehicles by NGT and Supreme Court.

Why It Matters: Delhi incentivizes converting old cars to EVs with a Rs 50,000 subsidy to fight pollution.