Delhi's EV Policy 2.0: Up to ₹1 Lakh Subsidy on Cars, ₹30K on Scooters!

• Delhi's EV Policy 2.0 aims to boost electric mobility, reduce pollution, and cut petrol/diesel dependence.
• Subsidies: Up to ₹21,000 for e-scooters/bikes (₹30,000 for women); up to ₹1 lakh for e-cars under ₹25 lakh.
• Assistance for converting old petrol/diesel cars to electric (₹50,000 for first 1,000 vehicles) and scrapping incentives.
• 5% interest subsidy on EV loans, financial incentives for local manufacturing of EV parts.
• R&D fund increased to ₹100 crore; plan for 2.5 GWh battery storage by 2030.

Why It Matters: Delhi's EV Policy 2.0 offers significant subsidies and incentives to accelerate electric vehicle adoption.