It’s official, the UT administration has relaxed the capping on registration of internal combustion engines (ICE) vehicles, or simply non-electric vehicles. As per the amended EV Policy, a notification for which was issued on Wednesday, the administration has brought down the registration target for electric two-wheelers to 15%, from the previous 25%, for the financial year 2023-24. Similarly, the target for registration of electric cars (personal) has been reduced to 12% from the previous 25%. This translates into an increased quota for registration of ICE vehicles.
The amended EV Policy will come into force with immediate effect.
It was also decided that once the target set for EVs (applicable for all categories) is achieved, the ICE vehicles’ registration will again be allowed beyond its capping in the said financial year.
