More
    HomeEV BusinessDelhi's Electric Vehicle (EV) Policy Achieves Over 90% Targets as It Gets...

    Delhi’s Electric Vehicle (EV) Policy Achieves Over 90% Targets as It Gets Extended

    The Delhi Electric Vehicle (EV) Policy, which successfully completed its three-year tenure on Monday, August 7, 2023, has been extended until new regulations are established, according to officials from the transport department. Remarkably, the policy has surpassed more than 90% of its set objectives, signalling a significant stride towards a sustainable and eco-friendly future.

    One of the pivotal aims of the policy was to ensure that by 2025, 25% of all newly registered vehicles in Delhi would be electric, along with a parallel goal to convert 100% of delivery fleets and government vehicles to EVs within the same timeframe.

    Auto EV India Expo

    Transport department authorities highlighted several accomplishments under the previous policy. These include the impressive achievement of over 90% disbursement of incentives and fee waivers, the successful establishment of 85% of the targeted charging infrastructure, and the creation of 75% of the anticipated jobs. However, efforts to establish the battery recycling ecosystem reached around 63% and the utilization of the dedicated EV fund reached 55%.

    In response to the accomplishments, a senior official from the transport department commented, “The dedicated efforts of the Delhi government over the past three years, particularly through the establishment of an EV Cell, have yielded substantial results. Our focus extended beyond private vehicle electrification to encompass government vehicles and bus fleets. The enhancement of charging infrastructure has been significant, and we are committed to further expansion.”

    During the policy tenure, Delhi witnessed the sale of over 135,000 EVs, constituting 8.3% of all vehicles sold in the city during this period. Impressively, Delhi’s EV contribution to the nation’s total now stands at 5%, while the city is home to only 1.3% of the country’s population.

    However, experts emphasized the need for Delhi to advance its efforts in electrifying heavier commercial fleets. “As Delhi charts its course into the next phase of EV policy, a strategic focus on sectors like trucks could potentially lead to a transformative shift in the landscape of transport electrification,” suggested Amit Bhatt, Managing Director (India) of the International Council of Clean Transport (ICCT).

    Meanwhile, the registration of new EVs, which was temporarily suspended after the conclusion of the previous policy, is set to resume on Wednesday, following the extension of the policy. Addressing the situation, Transport Minister Kailash Gahlot conveyed, “Given the ongoing formulation of the new EV policy, the subsidy benefits of the existing policy will remain in effect until the new policy is officially notified,” in a post on the X platform (formerly Twitter) on Monday.

    As Delhi marches forward with its electric mobility agenda, the city remains poised to embrace further innovations and initiatives that promise a greener and more sustainable urban landscape.

    Himanshu Vaibhav
    Himanshu Vaibhavhttps://www.timesev.com/
    Himanshu Vaibhav is a distinguished Technology Journalist associated with ELEtimes.com and TimesEV.com. With expertise in researching, writing, and editing, he demonstrates a deep understanding of technology, particularly in the EV industry. His continuous updates on EV, Automotive, and E-mobility industries reflect his commitment to staying at the forefront of emerging trends.

    Related Post

    Most Popular

    Best Picks

    Simulation Tool Prevents Severe Issues in Various Automotive Scenarios

    Authors: Giusy Gambino, Alessio Brighina, Francesco Giuffre’, Filippo Scrimizzi, STMicroelectronics, Catania, Italy When conceiving and implementing cutting-edge solutions that can thrive in harsh automotive environments a...

    SensorTile.box PRO, a new story about a professional board...

    Author: STMicroelectronics  The SensorTile.box PRO redefines what it means to use professional tools destined for the Internet of Things by making the technology accessible to more than...

    STM32CubeMonitor 1.7, STM32CubeMonitor-UCPD 1.3, and STM32CubeMonitor-RF 2.12, more powerful...

    Author: STMicroelectronics STM32CubeMonitor 1.7 became more flexible thanks to new UI improvements in an effort to adapt to the many use cases it must handle. For...

    Driving the Future: Exploring Innovations in the Automotive Power...

    The global automotive power electronics market is set to achieve a valuation of US$ 6 billion by 2033, advancing at 4.1% CAGR from 2023 to 2033, as...

    Empowering Karnataka’s Electronics Industry: An Insightful Conversation with CLIK...

    Karnataka, a shining star in India's technological landscape, has earned international acclaim for its thriving electronics and IT sectors. Fuelled by a legacy of...

    Aimil Ltd.: Setting the Benchmark for Instrumentation Solutions at...

    Aimil Ltd., an ISO 9001:2015 certified company with a heritage tracing back to 1932, holds a prominent position as a leading provider of cutting-edge...

    Electrify Your Future: A Thriving Career in the E-Mobility...

    In an era where sustainability and innovation reign supreme, the E-Mobility sector has emerged as the driving force behind a transformative shift in the...

    X0115ML, the smallest SCR now supports a surge peak...

    Author: STMicroelectronics The X0115ML is our first compact silicon control rectifier (SCR) for ground fault circuit interrupters (GFCIs) and arc-fault circuit interrupters (AFCIs) that can withstand a...

    Exploring the Future of Electronics: Unveiling the Power of...

    In a recent interview conducted by technology journalist Himanshu Vaibhav of eletimes.com and timesev.com, Dr. John W. Mitchell, President & CEO of IPC, discussed...

    Must Read