Delhi government includes e-cycle under its EV policy

In a significant step, the Delhi government has decided to include and incentivise e-cycles under its Electric Vehicle (EV) policy. This will include passenger and cargo e-cycles with a speed of less than 25 km/hour.

“A purchase incentive of 25% of MRP up to Rs 5,500 will be provided to the first 10,000 buyers. An additional incentive of Rs 2,000 to the first 1,000 individual e-cycle owners will be provided with an eye on creating the much-needed demand for e-cycles. Similarly, the government will provide a purchase incentive of 33% of MRP upto Rs 15,000 per vehicle to the first 5,000 e-cargo cycles buyers to support food delivery and e-commerce drivers,” the government said in a statement.