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.
Delhi's draft EV Policy 2.0, awaiting Cabinet approval May 26, proposes five-year resale restrictions on subsidised EVs, structured subsidies up to ₹1 lakh for four-wheelers, road tax exemptions, and scrappage incentives—impacting EV retail and auto dealers in Delhi.