Delhi’s EV Policy 2026 is engineered to make electric vehicles financially attractive by cutting both the initial purchase price and long-term ownership expenses, the Chief Minister Rekha Gupta announced. The policy targets a broad range of vehicle categories, aiming to shift more consumers away from conventional fuel-powered vehicles through a suite of economic benefits.
The policy offers layered incentives including direct purchase subsidies, scrapping bonuses for old polluting vehicles, lifetime road tax exemptions, and waivers on registration fees. These measures collectively ease the financial burden and present electric vehicles as competitive alternatives. The Chief Minister underscored that prospective buyers often hesitate due to doubts about cost savings, but this policy provides clear monetary advantages that make EVs the smarter investment for households, commercial operators, and businesses.
For electric two-wheelers, buyers receive a purchase incentive of up to Rs 30,000, plus a Rs 10,000 scrapping bonus, alongside lifetime exemptions from road tax and registration fees, bringing initial savings above Rs 50,000, exclusive of tax benefits. Electric auto-rickshaw buyers can expect an even higher support package with a Rs 50,000 purchase incentive and Rs 25,000 scrapping incentive, resulting in total savings exceeding Rs 75,000.
The policy also addresses electric Gramin Sewa vehicles, awarding a Rs 15,000 scrapping incentive to encourage operators to replace older models. For electric light goods carriers, the purchase incentive rises to Rs 1 lakh, combined with a Rs 50,000 scrapping incentive and tax reliefs, potentially reducing upfront costs by close to Rs 1.5 lakh.
Although private electric car buyers do not receive a direct purchase subsidy, those who scrap a conventional fuel car and switch to an electric model benefit from a substantial Rs 1 lakh scrapping incentive, waived registration fees, and lifelong road tax exemption. These bundled incentives still generate significant savings despite the absence of a purchase grant.
The policy’s distinctive approach lies in combining multiple financial benefits rather than a single subsidy, maximizing cost reduction opportunities. This comprehensive strategy aims to accelerate Delhi’s climate goals by making electric vehicles more accessible and affordable across various user segments.