Latest News | Delhi Govt to Extend Its Electric Vehicle Policy for Another Three Months

New Delhi, Dec 31 (PTI) The Delhi government has decided to extend its Electric Vehicle (EV) policy, set to expire on Sunday, for another three months, officials said.

The policy, notified in August 2020, aimed at raising the share of electric vehicles in Delhi to 25 per cent by 2024.

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It will now be extended till March 31, 2024, and the cabinet will accord its approval, an official said.

The Delhi Electric Vehicles Policy, 2020, expired on August 8 this year and since then it has received repeated extensions. According to officials, work on the new Electric Vehicle Policy is underway but it has not been decided when it will come into effect.

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Delhi Transport Minister Kailash Gahlot had earlier told PTI that the Electric Vehicles Policy 2.0 would look at incentivising the retrofitting of vehicles considering its high cost.

For converting a normal Gypsy, it takes almost Rs 5 lakh to Rs 6 lakh, which is on the higher side, he had said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)