Ola Electric, Ather Rally as Delhi Clears ₹15,000 Cr EV Policy

Delhi's ₹15,000 Cr EV policy targets 30% electrification by 2030 with adoption subsidies, scrappage incentives and bans on new non-electric two- and three-wheelers from 2027-2028. Ola Electric jumped 11.2% to ₹44.95; Ather gained 2.9% to ₹1,114.60.

— Filed Tue, 30 Jun, 2026, 13:10 IST · Source Inc42 · Buzz · Updated

Ola Electric and Ather Energy shares rallied after Delhi approved a ₹15,000 Cr EV policy targeting 30% electrification by 2030, with adoption subsidies, scrappage incentives and bans on new non-electric two- and three-wheelers from 2027-2028.

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