Delhi govt provide Subsidy of Rs5,500 each to first 10K buyers of e-cycles
Delhi govt provide Subsidy of Rs5,500 each to first 10K buyers of e-cycles
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The Delhi government would offer a Rs 5,500 subsidy to the city's first 10,000 e-ecycles owners, said the Delhi transport minister Kailash Gahlot.

The minister also mentioned that the first 1,000 buyers of passenger e-cycles will receive a Rs 2,000 incentive. He said,  the government would also provide a subsidy for the purchase of heavy-duty cargo e-cycles and e-carts for business use. The first 5,000 customers would receive a Rs 15,000 incentive on cargo e-cycles.

Individual buyers of e-carts previously received the subsidy, but now a corporation or corporate house purchasing these vehicles will also receive a Rs 30,000 subsidy, he said. The subsidy scheme will only be available to Delhi residents,  Gahlot said.

The minister said, there are currently 45,900 e-vehicles on city roads, with 36 percent of them being two-wheelers. In Delhi, the percentage of e-vehicles in total registered vehicles has surpassed 12%, he added.

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