Delhi EV Policy 2.0 to lock subsidised vehicles for 5 years, cap price at ₹30 lakh
Draft policy heading for Cabinet approval May 26 proposes five-year resale restrictions on subsidised EVs, structured subsidies up to ₹1 lakh for four-wheelers, 60-day DBT, road tax waivers and scrappage incentives. Impacts dealer churn and inventory turns for Mahindra, Ather, Euler and Mercedes-Benz across Delhi showrooms.
What happened
Delhi Government · Delhi's draft EV Policy 2.0, awaiting Cabinet approval May 26, proposes five-year resale restrictions on subsidised EVs, structured subsidies
Key facts
- ₹30,000 e-bike subsidy
- ₹50,000 e-auto subsidy
- ₹1 lakh four-wheeler subsidy
- ₹30 lakh price cap
- 5-year resale restriction
- 60-day DBT
- 700+ public responses
Why this matters
Five-year resale restrictions reshape EV partnership and fleet-leasing structures in Delhi, opening scrappage-linked tie-ups while raising friction for premium OEMs like Mercedes-Benz priced near the ₹30L ceiling.