Delhi Notifies EV Policy 2.0: TVS, Bajaj Gain, Royal Enfield and Maruti Exposed
Delhi's Rs 15,000 crore EV Policy 2.0 bans petrol/CNG two-wheeler and non-electric autorickshaw registrations by 2027-28. TVS (17% EV share), Bajaj and Hero (12%) benefit from incentives; Eicher's Royal Enfield (3.3% Delhi sales) and Maruti most exposed as ICE two-wheelers hold 67% of Delhi sales.
Delhi notifies EV Policy 2.0 with Rs 15,000 crore outlay, banning petrol/CNG two-wheeler and non-electric autorickshaw registrations by 2027-28. TVS, Bajaj, M&M and Tata benefit via incentives; Royal Enfield and Maruti Suzuki most exposed.