The Delhi government, in a landmark move, has announced the inclusion of e-bikes in its ambitious electric vehicle (EV) policy.
A purchase incentive of 25% of the MRP up to Rs 5,500 will be offered to the first 10,000 buyers. An additional incentive of Rs 2,000 to the first 1,000 individual e-bike owners will be offered with a view to creating the much needed demand for e-bikes.
In addition to purchase incentives, all buyers of e-bikes and cargo e-bikes will also be eligible for a scrapping incentive of up to Rs 3,000 per vehicle for scrapping and de-registration of old ones. Delhi-registered ICE two-wheelers.
Delhi Transport Minister Kailash Gahlot and Deputy Chairperson of the Dialogue and Development Commission (DDC) Jasmine Shah at a press conference today briefed the media on the development.
He also said that when we launched the electric vehicle policy, the original target was maintained as 25% of new vehicle registrations will come from electric vehicles by 2024. About two and a half years ago, this percentage was close to 1 or 2% only, which has now reached 12.6% in March 22.
He said grants on the e-bike will be eligible for one per individual. The person must be a resident of Delhi with a valid Aadhar card. An electric bike can travel up to 45 km on a single charge.
Talking about the disbursement of subsidies for electric vehicles, Gahlot mentioned that a total of Rs 59.44 crore has been disbursed so far by the Delhi government.
Deputy Chairperson of DDC Delhi, Jasmine Shah, said the cabinet has taken a big decision and tied the e-bike segment to the EV policy.
He said: “Previously it included two-wheelers, three-wheelers and four-wheelers. To date, no state in the country has included the e-bike segment in its policy. Apart from that, there is no subsidy on e-cycle in all central government policies.
With this move by the Delhi government under the leadership of the Chief Minister, Delhi will become the first state to promote e-bike. Currently, only a very small part of the population uses it, but now we are bringing it to the general public, especially for people associated with the delivery segment. This will have a huge advantage in their job opportunities. The class associated with food delivery will no longer have to buy expensive two-wheelers but will be able to do their job by traveling 40 to 50 km on an electric bicycle.