The Delhi government has approved the new Delhi EV Policy 2026, introducing a series of incentives aimed at accelerating the adoption of electric vehicles while gradually reducing the use of petrol vehicles. The policy comes into force on July 1, 2026 and is valid until March 31, 2030.One of the biggest highlights of the policy is the 100 percent road tax and registration waiver for private buyers buying electric cars priced below Rs 30 lakh, ex-showroom. This effectively reduces the initial cost of owning an EV in the capital. However, buyers planning to purchase electric cars priced above Rs 30 lakh will not be eligible for this exemption and will have to pay applicable taxes and registration fees.Apart from passenger vehicles, the policy also extends financial support to more EV segments. Buyers of electric two-wheelers can avail incentives of up to Rs 30,000, while electric three-wheelers qualify for subsidies of up to Rs 50,000. Those who buy N1 category electrical goods transporters can get incentives of up to Rs 1 lakh, encouraging businesses to switch to cleaner commercial transport.The government has also allocated significant funds for scrapping incentives to encourage owners of older internal combustion engine (ICE) vehicles to switch to EVs. Depending on the vehicle category, the incentives range from 5,000 to 1 lakh. Under the policy, buyers who dispose of an old petrol or diesel four-wheeler can get Rs 1 lakh, while two-wheelers are eligible for Rs 10,000, three-wheelers for Rs 25,000 and N1 commercial trucks for Rs 50,000.Apart from the financial incentives, the policy lays down a road map to limit the registration of new petrol-powered vehicles in phases. From January 1, 2027, only electric three-wheelers and goods carriers of category N1 will be able to register newly in Delhi. A major shift will follow on April 1, 2028, when the registration of new gasoline-powered motorcycles and scooters will be suspended on the territory of the Capital City.It is important to note that the restriction applies only to new vehicle registrations. Existing gasoline-powered two-wheelers and other ICE vehicles registered before the deadline can continue to be used according to current regulations.
