Delhi EV Policy 2.0 to Provide Incentives for Electric Vehicle Buyers of up to Rs 1 lakh

Delhi’s government recently released the draft Electric Vehicle Policy 2026-2030. Known as EV Policy 2.0., the draft released on April 11 by the Transport Department, is well-received as it sets an ambitious vision for Delhi to drastically reduce vehicular air to become one of the world’s top cities in terms of EV adoption. Currently, the Department’s EV Cell is seeking public input for 30 days through email or post before locking it in.

Delhi EV Policy has been called the most progressive EV policy in India and among the best globally. The Delhi Government aims to phase out petrol vehicles and provide incentives for electric vehicle buyers of up to Rs 1 lakh. Two-wheelers, which make up 67 percent of Delhi’s vehicle fleet, face a ban on new petrol registrations from April 1, 2028. Meanwhile, electric three-wheelers are all set to become mandatory from January 1, 2027.

Electric two-wheelers priced up to Rs 2.25 lakh will receive up to Rs 10,000 per kWh in the first year, with a cap of Rs 30,000. It will decrease to Rs 3,300 per kWh, with a maximum of Rs 10,000 by the third year.

Meanwhile, the incentives will begin at Rs 50,000 for electric three-wheelers in the first year, and decrease to Rs 40,000 in the second year, eventually reaching Rs 30,000 from the date of notification. For the N1 category of vehicles that comprises light commercial motor vehicles designed for carrying goods not exceeding 3.5 tonnes, four-wheeler goods vehicles start at Rs 1 lakh.

People purchasing electric cars priced up to Rs 30 lakh (ex-showroom) can benefit from a scrappage incentive if they scrap their old Delhi-registered BS-IV

During the policy period (till March 31, 2030), EVs get 100 percent exemption on road tax and registration fees. While e-cars up to Rs 30 lakh ex-showroom get full waivers, strong hybrids receive 50 percent, and luxury EVs above Rs 30 lakh get none.

Talking about it, Akshay Shekhar, Co-Founder & CEO of Kazam, says, “Delhi has once again shown why it has been the benchmark state in EV policy. The most important shift in the 2026 draft is that it moves beyond incentives and starts addressing market direction, fleet transition, and execution architecture together. The deadlines for two- and three-wheelers are bold, but the more consequential piece is the attempt to institutionalise charging rollout through Delhi, digital approvals, and system-level planning. That is the difference between a policy that drives headlines and one that can actually change adoption on the ground. The next challenge is disciplined execution: grid readiness, fast site approvals, and interoperable charging infrastructure will determine whether this becomes a true operating model for other states to follow.”

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