How Are Fleet Operators Likely To Gain As Delhi’s EV Policy Aims To Electrify 50% 2W Fleet Of Delivery Companies By March 2023?

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During the nationwide lockdown, the air pollution in New Delhi and northern India dropped to a 20-year low. But, we know that lockdown is not a sustainable solution to fighting air pollution, but a transition to cleaner electric mobility definitely is. With a view to enhance clean mobility, the Delhi government’s new electric vehicle policy envisages incentives to cut to 50 per cent by March 2023 fleet of petrol-powered two-wheelers used by delivery service providers in the city. It is expected that the incentives will encourage delivery service providers like those engaged in food delivery, e-commerce logistics and courier services to switch to using electric two wheelers. These fleet operators who achieve the set targets will be el igible for financial support as well from the Delhi Finance
Corporation (DFC).

So, what other benefits will the fleet operators get with the help of this policy. Read on to find out from our experts.

Looking at the current situation of re-rising air pollution levels and deteriorating AQI in Delhi , Chief Minister Arvind Kejriwal recently notified its Electric Vehicles (EV) policy.
Kejriwal , while announcing the same, said that the new policy is aimed at electrifying 50 percent of the two wheelers fleet of delivery companies by March 2023 and is aimed to double it up to 100 percent by 2025. The question, therefore, is how will the fleet operators gain from this new policy?

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There are a couple of things that could turn beneficial for the fleet operators in accordance with the Delhi government’s new EV policy.

  • Bulk profit
  • Low-interest loans
  • No registration and road tax fee
  • Boost as eco-friendly operators
  • Investment hub

The new EV policy is a win-win situation for the environment and the fleet
operators. They will not only benefit from the incentives the Delhi government is
offering but can also proudly present themselves as brands that are thoughtful of
the environment.

By Jeetender Sharma, FOUNDER & MD, OKINAWA AUTOTECH

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Delhi is one of the fastest-growing cities in the world. As per Rocky Mountain Institute assessment, the city’s demand for goods consumption is expected to increase from 68,000 tons/day in 2015 to 100,000 tons/day in 2025 and to 130,000 tons/day in 2035 which continuously will need augmenting the two-wheeler fleets extensively for the last mile delivery to customers.

As Delhi plans to ensure 25% (of vehicles already registered in base year 2020) of EVs registered within next 5 years – totalling to about 5 lakh EV registration, 200 charging stations in the year to ensure public charging facilities within every 3 km, reimbursement of 25% of purchase cost planned to be reimbursed for e cycles (electric cycles) and EV taxi hailing services like Blusmart have already started operating in Delhi- NCR,
Delhi is poised to become the role model of e-mobility for the other states.

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By Neeraj Kumar Singal, DIRECTOR, SEMCO GROUP

To read in detail, download the EMobility+ January 2021 issue here:https://emobilityplus.com/2021/03/09/emobility-india-jan-2021-magazine/

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