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Delhi EV Policy Attracts Over 5,500 Applications for Incentives

Written by: Team Angel OneUpdated on: 25 Sept 2026, 8:50 pm IST
Delhi has received 5,678 applications for EV incentives since the new policy started in July 2026. So far, ₹4.8 crore has been paid.
Delhi EV Policy Attracts
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The Delhi Electric Vehicle Policy 2026 has received about 5,678 applications from the Delhi government. The policy was launched on July 1, 2026, and so far, the majority of applications have been for purchases on electric two-wheeler vehicles. 

The total number of applications processes is 1,664, and the government has paid ₹4.8 crore incentives so far. There are another 4,014 applications that are still being verified. 

Most Applications Are for Two-Wheelers 

Two-wheelers make up most of the applications received so far. There have been 5,621 applications for electric two-wheelers. 

Of the 1,664 applications already processed, 1,648 were for two-wheelers. The government has paid ₹4.6 crore to these beneficiaries. 

The policy offers up to ₹30,000 for an electric two-wheeler in the first year. The amount comes down to ₹20,000 in the second year and ₹10,000 in the third year. 

Scrapping Incentive for Old Vehicles 

The policy also gives an incentive to people who scrap older vehicles and buy a new electric vehicle. 

Eligible buyers can get ₹1 lakh for scrapping a BS-IV or older car. For BS-IV or older two-wheelers, the scrapping incentive is ₹10,000. 

So far, 41 new EV buyers have received incentives under this part of the policy. 

EV Incentive Portal Launched in July 

The government launched the online portal for the policy on July 3, 2026. People can use the portal to apply for the available EV incentives. 

With thousands of applications already received, the government is still processing a large number of requests. 

Read More: India Records Highest-Ever FDI of $94.53 Billion in FY26 and PLI Investment Reaches ₹2.40 Lakh Crore! 

Conclusion 

The Delhi EV Policy 2026 has received a strong number of applications in its first few months, with two-wheelers accounting for almost all of them. The government has already paid ₹4.8 crore to 1,664 beneficiaries, while 4,014 applications are still under process. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Sep 25, 2026, 3:20 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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