Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Delhi’s EV Policy To Cover E-Cycles Too

- Advertisement -
  • An e-cycle is a bicycle with an integrated electric motor that will assist riders if they pedal at the same time
  • The Delhi EV policy aims to register 500,000 electric vehicles in the city by 2024

Delhi government is planning to promote ‘e-cycles’ through various financial incentives under its ambitious electric vehicle (EV) policy. It’s transport department has released a draft proposal for introducing e-cycles as a new segment under the Delhi Electric Vehicle Policy 2020.

An e-cycle is a bicycle with an integrated electric motor that will assist riders if they pedal at the same time. The draft proposal says that these cycles need to be fitted with suitable brakes and retro-reflective devices, including a white reflector in the front and a red one in the rear. It added that there will be higher incentives for ‘cargo e-cycles’, which will be used for last-mile delivery. A purchase incentive of 33 per cent of the price, up to Rs 15,000, per cargo e-cycle will be given to buyers of first 10,000 cargo e-cycles.

500,000 electric vehicles in the city by 2024

- Advertisement -

In August this year Delhi state government has announced a new EV policy which was introduced in December 2019. The Delhi EV policy aims to register 500,000 electric vehicles in the city by 2024. It will be driven by a bunch of incentives offered by the state government through its newly incorporated State EV Fund and State Electric Vehicle Board which will be chaired by the transport minister Kailash Gahlot.

The segment-wise incentives include up to Rs 30,000 incentive from the state government for electric two-wheelers, up to Rs 150,000 for electric passenger vehicles, up to Rs 30,000 for auto-rickshaws and up to Rs 30,000 for E-goods carriers.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

AI Startup Funding Drops 10% YoY In 2023

0
With total investment falling by 10%, 2023 recorded AI startup backing of $42.5 billion, a decline after hitting the peak in 2021 as per...

Electric 2-Wheelers May Cost Less Than ICE Models in 4-5 Years: Report

0
In a scenario where a subsidy of ₹15,000 per kWh is provided, it is anticipated that the upfront cost parity for short- and mid-range...

Thoughtworks And AWS Unveil SDV Pulse For Industry Megatrend Navigation

0
Global technology consultancy and Amazon Web Services have released their first annual report, designed to assist automakers in quickly maximizing the potential of software-defined...

Buzz

Companies Start Training Staff In EV Skills, Including Battery Management And Smart Grids

0
As India accelerates towards a 30% EV market share by 2030, the industry's need for skilled professionals is soaring, promising around 5 million jobs....

CP PLUS And L&T Partner For Surveillance Solutions

0
To boost tech-based solutions in CCTV camera equipment, manufacturer CP PLUS has joined hands with L&T Semiconductor Technologies under the guidance of the IT...

TVS To Launch Premium EVs And ICE Two-Wheelers In France, Italy For European Expansion

0
TVS Motor's electric and internal combustion engine models, such as the Jupiter 125, NTORQ, iQube S, TVS X, Ronin 250, Apache RR 310, and...

Important Sectors

Companies Start Training Staff In EV Skills, Including Battery Management And Smart Grids

0
As India accelerates towards a 30% EV market share by 2030, the industry's need for skilled professionals is soaring, promising around 5 million jobs....

CP PLUS And L&T Partner For Surveillance Solutions

0
To boost tech-based solutions in CCTV camera equipment, manufacturer CP PLUS has joined hands with L&T Semiconductor Technologies under the guidance of the IT...

TVS To Launch Premium EVs And ICE Two-Wheelers In France, Italy For European Expansion

0
TVS Motor's electric and internal combustion engine models, such as the Jupiter 125, NTORQ, iQube S, TVS X, Ronin 250, Apache RR 310, and...

BluSmart Secures $24M In Pre-Series B Round

0
The recent investment round will enable BluSmart to broaden its operations and develop actual electric vehicle charging infrastructure and assets in India's major cities. BluSmart,...

iVOOMi JEETX ZE Features 3 kWh Battery, 170km Range

0
The electric scooter, offered at a competitive price, boasts a range of 170 km per charge. Delivery of this new model is set to...

Manufacturing

LeePra Chooses Delvitech’s 3D AI AOI System

0
Eyeing efficient quality monitoring, LeePra Technologies has partnered with Delvitech to include advanced AI solutions in its manufacturing units. Last week, EMS provider LeePra Technologies...

India, Russia Partners To Boost India’s Defence Capabilities

0
Backed by Russia, HAL aims to produce and export Sukhoi Su-30 fighter jets in Nashik to enhance India's aerospace prowess and export potential. India's state-owned...

Zapp And Bounce Infinity Partner On Scooter Production at Bhiwadi Plant

0
The partnership will facilitate the manufacturing and distribution of Zapp's i300 electric urban motorcycles across India. Zapp Electric Vehicles Group Limited has unveiled a strategic...

Empowering Innovation: The Role of MSMEs in India’s Defence Sector

0
If large industries are the “face” of the Indian economy as they provide the most visible aspect, then the MSMEs are surely the “firm...

Quality Control With AI-Driven Optical Inspection

0
This collaboration combines optical inspection technology with high-performance Edge AI hardware, significantly improving printed circuit board assembly efficiency, reducing waste, and enhancing overall process...