PM adviser signals Delhi-style conventional-vehicle curbs could widen nationwide
PM adviser Tarun Kapoor said Delhi-NCR’s restrictions on conventional vehicles could be replicated across India, raising the urgency of EV transitions for automakers. Delhi-NCR is set to halt new petrol/CNG three-wheeler registrations from January 1, 2027, and new two-wheeler registrations from April 1, 2028.
What happened
Government of India · PM advisor Tarun Kapoor said Delhi-NCR restrictions on conventional vehicles could spread nationwide, increasing pressure on automakers to
Key facts
- 66th annual SIAM convention
- April 1, 2028
- January 1, 2027
- Delhi EV Policy 2026
Why this matters
Automakers and mobility companies should prioritize acquisitions or partnerships in EV platforms, batteries, charging, and dealer conversion capabilities before regulatory expansion raises asset values.
What to watch
- Cabinet, MoRTH, NITI Aayog, CAQM, or PMO announcements specifying nationwide or metro-level registration deadlines.
- State transport notifications restricting new ICE two- and three-wheeler registrations.
- Expansion of FAME/EMPS-style incentives, state EV subsidies, or scrappage programs.
- Urban charging and battery-swapping policy approvals, utility tariffs, and grid-upgrade commitments.
- Monthly EV penetration in two-wheelers and three-wheelers, especially in Delhi-NCR and other major metros.
- Automaker announcements on ICE capacity reductions, EV plant investments, dealer conversion, or model discontinuations.
- Financing rates, insurance premiums, battery warranty terms, and used-EV resale-value trends.
- Accelerate affordable electric two- and three-wheeler launches, especially high-volume commuter models.
- Reallocate dealer inventory and working capital away from conventional vehicles in likely restriction zones.
- Expand charging, battery-swapping, servicing, and financing partnerships in urban markets.
- Secure battery cells, power electronics, magnets, and localized component capacity to reduce supply-chain bottlenecks.
- Build state-by-state demand forecasts and residual-value assumptions for conventional vehicle inventory.
- Increase trade-in, scrappage, leasing, and subscription offers to lower EV upfront-cost barriers.