Mr.Kailash Gahlot recently informed that the Delhi government will soon come up with an interest subvention of up to 5 per cent for purchase of electric-run vehicles in the city.
This is in view to promote the Delhi government’s policy offering financial incentives on all categories of e-vehicles – two-wheelers, three-wheelers, four-wheelers, goods carriers, electric rickshaws.
Mr Gahlot mentioned that the subvention of 5 percent will be provided through Delhi Finance Corporation (DFC) to ensure an easy financing option for vehicle owners to convert their fleet to electric.
He said that the government is at an advanced stage of drafting this proposed scheme and it will be announced soon. This scheme can be availed by all range of vehicles and will ensure easy access of finance to those companies who are willing to upgrade their fleet to electric.
Meanwhile, the Minister also urged the city’s commercial vehicle owners to convert half of their fleet to electric by 2023. He also ensured that e-commercial vehicles will be allowed to ply on restricted roads and beyond the fixed time.
Since fleet vehicles ply for the maximum duration on the streets of Delhi, they can contribute significantly to bring down the pollution levels in the national capital by switching to EVs.
The Delhi government has offered an incentive of up to Rs 30,000 for two-wheelers, auto-rickshaws and e-rickshaw, while for goods carrier vehicles and cars up to Rs 1.5 lakh.
