Delhi EV Policy 2026 commits ₹7,000 cr, subsidies and 2028 petrol-2W ban

Delhi's approved EV Policy 2026 carries a ₹7,000 crore outlay with ₹1,500 crore in purchase incentives, ₹30,000 two-wheeler and ₹50,000 auto-rickshaw subsidies, a ₹30 lakh car price cap, 30,000 charging points, and a petrol/CNG two-wheeler registration ban from April 2028 — reshaping EV dealer demand through March 2030.

— Source publishedMon, 29 Jun, 2026, 17:54 IST·First seen Mon, 29 Jun, 2026, 18:12 IST·Source Business Today · Latest

What happened

Delhi EV Policy 2026 · Delhi approves EV Policy 2026 with ₹7,000 crore outlay, purchase/scrappage subsidies, tax waivers and phased petrol/CNG registration

Key facts

  • ₹7,000 crore outlay
  • ₹1,500 crore purchase incentives
  • ₹30,000 two-wheeler incentive
  • ₹50,000 auto-rickshaw incentive
  • ₹1 lakh mini-truck incentive
  • ₹30 lakh car price cap
  • 30,000 charging points
  • petrol/CNG 2W registration ban from April 2028

Why this matters

The petrol/CNG two-wheeler registration ban and ₹1,500 cr incentive pool open M&A and partnership opportunities in EV dealerships, charging networks, and sub-₹30 lakh vehicle supply chains across Delhi.

What to watch

  • Subsidy disbursement notification and per-unit cap finalization
  • Charging-point tender awards and installation pace vs. 30,000 target
  • Any extension or exemption announcements on the April 2028 2W ban
  • Delhi EV registration mix shift in monthly RTO data
  • OEM Delhi-specific model launches under ₹30L cap
  • EV 2W/auto OEMs and dealers scale Delhi-NCR showroom and service capacity ahead of 2027-28
  • ICE dealers run clearance promotions and pivot floor space to EV lines
  • Charging-point operators and CPaaS players bid for the 30,000-point buildout
  • Battery/financing partners structure subsidy-linked retail loan products under the ₹30L car cap
  • Adjacent NCR states monitor for replication; retail supply chains reposition stock