BMW India urges Delhi to remove ₹30 lakh cap on EV road-tax benefits

BMW India says Delhi’s EV incentive cap could push luxury-EV buyers to register vehicles in neighbouring states. EVs accounted for 26% of its H1 2026 sales; the company targets more than 30% in H2 and 35–40% in 2027, while flagging potential further price increases.

— Source publishedFri, 11 Sept, 2026, 20:24 IST·First seen Fri, 11 Sept, 2026, 20:38 IST·Source Business Standard · Companies

What happened

BMW India urged Delhi to remove the Rs 30 lakh cap on EV road-tax benefits, warning buyers could register cars in neighbouring states. The company launched the

Key facts

  • Delhi EV policy offers full road-tax and registration-fee exemption only for electric cars priced up to Rs 30 lakh
  • EVs were 26% of BMW India sales in H1 2026
  • BMW expects EV share above 30% in H2 2026 and 35-40% in 2027
  • 2026 7 Series facelift starts at Rs 1.95 crore
  • BMW India raised prices three times in 2026, cumulatively by around 4-5%
  • Luxury vehicles represent 3-5% of Delhi car sales

Why this matters

The risk of cross-border registration leakage strengthens the case for partnerships or expansion in NCR-adjacent markets and for advocacy aimed at harmonising luxury-EV incentive treatment.

What to watch

  • Any Delhi government notification changing the ₹30 lakh eligibility cap, road-tax waiver, registration fee treatment, or EV-policy renewal timeline.
  • Month-on-month luxury-EV registration shares in Delhi versus Haryana, Uttar Pradesh and other NCR-linked states.
  • BMW India H2 2026 EV mix versus its above-30% target and 2027 35–40% target.
  • Announcements of luxury-EV price increases tied to exchange rates, duties, logistics costs or model-year updates.
  • Competitor statements or SIAM/FADA representations citing state-policy-driven registration migration.
  • Changes in Delhi’s EV policy budget, fiscal incentives, charging targets or treatment of leased and company-owned EVs.
  • BMW India and other luxury OEMs intensify lobbying for a higher cap or graduated road-tax benefit rather than a blanket exemption.
  • Delhi-NCR dealers steer eligible buyers toward out-of-state registration, leasing structures, or corporate-fleet channels where legally viable.
  • Mercedes-Benz, Audi, Volvo, Porsche and Kia/Hyundai premium EV sellers may publicly quantify similar registration leakage to build a broader industry case.
  • BMW raises focus on financing, assured resale values, charging partnerships and bundled ownership packages to sustain its H2 electric-mix target amid possible price hikes.
  • Delhi may examine whether lost registration and road-tax revenue outweighs the fiscal cost and political optics of extending benefits to luxury vehicles.