Delhi's EV Policy 2.0 dangles ₹1 lakh car subsidy — but locks resale for 5 years
Draft policy offers up to ₹1 lakh off electric cars, ₹50k on e-autos, ₹30k on e-bikes, plus road tax waiver under ₹30 lakh. Catch: subsidised EVs cannot be resold for five years. Awaiting cabinet nod after 700+ stakeholder inputs.
Delhi's proposed EV Policy 2.0 offers up to ₹1 lakh subsidy on electric cars, ₹50k on e-autos, ₹30k on e-bikes, plus road tax waivers, but bars resale of subsidised EVs for five years.
Why this matters
Builds on Delhi's earlier EV Policy 2.0 draft that locks subsidised vehicles for 5 years and caps price at ₹30 lakh, signalling a tighter, anti-flipping subsidy regime alongside its broader retail interventions like mandatory 'Made in India' mall corners.
Retail-brand activity steady with 517 signals in the last 90 days.