FACT SHEET INDIA MARCH 2024 Developing a mandate mechanism for the adoption of electric two- wheelers in the state of Delhi, India Electric vehicles (EVs) represent a transformative shift in the global automotive industry, offering an environmentally sustainable alternative to traditional combustion engines. [...] The first phase of the Policy was in effect from August 2020 to August 2023, but it has received multiple short-term extensions and incentives continue to be available through June 2024.1 In addition to incentives from the Delhi EV Policy, consumers in Delhi also benefit from the central government FAME-II subsidy, which offers ₹10,000 per kilowatt hour of battery capacity towards the purchase of. [...] While there are indications of announcements of a Phase II of Delhi’s EV Policy and a third phase of the FAME scheme, there remains uncertainty in the availability of these incentives over the long term.2 As a short-term measure, the central government has notified the Electric Mobility Promotion Scheme, which offers a reduced incentive 1 Press Trust of India, “Delhi Cabinet gives nod to extend el. [...] Market-based credit trading allows early movers to generate revenues by selling surplus credits to manufacturers who may choose to delay their ZEV market entry. Table 1 summarizes a review of key statutory and enabling authorities at the state level that can potentially support adoption of a ZEV sales regulation in the NCT of Delhi.5 Table 1 Summary of enabling authority for adoption of ZEV sales. [...] 3 ICCT FACT SHEET | MANDATE MECHANISM FOR ADOPTING ELECTRIC TWO-WHEELERS IN THE STATE OF DELHI, INDIA In view of the above representation of state capacity, there is no single authority which has authority to govern pathways relating to a ZEV sales regulation in the NCT of Delhi.
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