Delhi's proposed EV Policy 2.0 targets 95% of new vehicle registrations to be electric by 2027, a significant increase from the previous target of 25% by 2024.
Key components of the policy include mandating the third private car in households to be electric, phasing out fossil fuel vehicles, and enhancing charging infrastructure.
The policy aims to combat air pollution, improve air quality, create livelihood opportunities, and ensure an equitable transition to electric mobility.
Targets and mandates under the policy include requiring the third private car to be electric, banning fossil fuel three-wheelers from August 2025, and transitioning to electric buses.
Incentives like purchase incentives, scrapping incentives, and charging infrastructure expansion are proposed to facilitate the adoption of electric vehicles.
A dedicated State EV Fund will be established to finance the initiatives, with the aim of efficient and sustainable implementation.
Challenges in implementing the policy include infrastructure development, grid capacity, public acceptance, affordability, and availability of electric vehicles.
Experts note that the policy could set a precedent, but challenges remain in meeting the ambitious targets and ensuring a smooth transition.
Delhi EV Policy 2.0 builds upon the original policy with more stringent measures, aiming to address shortcomings and accelerate the adoption of electric vehicles.
The success of the policy hinges on effective implementation, overcoming challenges, and leveraging the economic benefits of transitioning to electric mobility.