India, Sept. 4 -- New Delhi
The Delhi High Court on Wednesday directed the Delhi government to grant necessary approvals to its transport department for opening a new bank account to ensure the timely disbursement of subsidies under the Delhi Electric Vehicle (EV) Policy, 2020.
The current EV policy-first introduced in 2020 and lapsed in August 2023-has been extended multiple times since, and offers a range of incentives, including purchase subsidies for electric two-wheelers, e-rickshaws, e-carts and electric cars (for commercial use), along with scrapping incentives and interest subvention on loans.
It currently offers a purchase incentive of 25% (up to Rs.5,500) for e-cycles, Rs.30,000 for e-rickshaws and e-carts, and Rs.5,000 per k...
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