This Article is From Apr 08, 2022

Delhi Government Offers Rs 5,500 Subsidy To First 10,000 E-Cycle Buyers

The first 1,000 buyers of passenger e-cycles will also be given an additional subsidy of Rs 2,000, he added.

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The residents of Delhi only will be eligible for the subsidy scheme, Mr Gahlot said. (File)

New Delhi:

Delhi government will provide a subsidy of Rs 5,500 each for first 10,000 buyers of e-cycles in the city, Delhi transport minister Kailash Gahlot said on Thursday.

The first 1,000 buyers of passenger e-cycles will also be given an additional subsidy of Rs 2,000, he added.

The government will also give subsidy on purchase of heavy duty cargo e-cycles and e-carts for commercial uses, he said. The subsidy on cargo e-cycles will be Rs 15,000 each for first 5,000 buyers.

The subsidy was earlier provided to individual buyers of e-carts but now a company or corporate house buying these vehicles will also be provided a subsidy of Rs 30,000, he said.

The residents of Delhi only will be eligible for the subsidy scheme, Mr Gahlot said.

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The minister said that presently 45,900 e-vehicles are plying on the city roads, out of which 36 per cent are two wheelers. The percentage of e-vehicles in total registered vehicles in Delhi has crossed 12 per cent mark, he added.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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