Delhi Finalises EV Policy With Up To Rs 1 Lakh Subsidy For Four-Wheelers, Rich 2W/3W Incentives
Delhi's Cabinet cleared an EV policy running July 2026 to March 2030, with up to Rs 1 lakh subsidy for 4Ws, Rs 30,000 for 2Ws and Rs 50,000 for 3Ws in Year 1. A Rs 7,000 crore outlay plus Rs 8,000 crore infra push targets 32,000 charging points—lifting EV retail demand and auto dealer footfall.
Delhi's Cabinet finalised an EV policy offering subsidies up to Rs 1 lakh for four-wheelers and heavy incentives for 2W/3W from 2026-2030, plus charging infrastructure—relevant to EV retail demand and mobility retailers.
Why this matters
Builds on Delhi's EV Policy 2.0 plans, which paired the Rs 1 lakh car subsidy with a 5-year resale lock and a Rs 30 lakh price cap, signalling tighter conditions on incentivised EV purchases.
Retail-company signals steady at 4,051 over the trailing 90 days.