The policy introduces fiscal incentives for electric vehicles, exemptions from road tax and registration charges for eligible vehicles, scrappage incentives for older vehicles, a significant expansion of charging infrastructure, and a phased transition towards electric mobility across various vehicle categories. The government has also announced a proposed investment of around ₹15,000 crore to support the development of the EV ecosystem during the policy period.

“The Policy reinforces the role of clean mobility as a key driver of Delhi’s future economic growth and sustainable urban development. By providing greater policy certainty, it is expected to improve the investment climate, accelerate innovation in electric mobility technologies, expand domestic manufacturing, and create employment across the EV ecosystem. At the national level, the Policy aligns with India’s broader objective of strengthening globally competitive manufacturing through the Make in India initiative”, said Rajeev Juneja, President, PHDCCI.

The policy extends well beyond promoting electric vehicle adoption and has the potential to stimulate investments across multiple sectors, including battery manufacturing, charging infrastructure, renewable energy integration, power distribution, electronics, automotive components, software solutions, fleet management, financing, recycling and circular economy services.

Key Highlights & Provisions

The Delhi EV Policy 2.0 (running through 2030) introduces ambitious subsidies, scrappage benefits, and stricter mandates to promote greener transport.

1.      Tax Exemptions: 100% waiver on road tax and registration fees for EVs priced up to ₹30 lakh (ex-showroom).

2.      Purchase Subsidies: Incentives of up to ₹30,000 for electric two-wheelers and up to ₹50,000 for three-wheelers.

3.      Scrappage Incentives: Up to ₹1 lakh incentive for scrapping old BS-IV or older cars.

4.      Deadlines for ICE Vehicles: No petrol motorcycles/scooters can be registered after March 31, 2028, and new CNG auto-rickshaw registrations are set to stop at the end of 2026.

5.      Charging Network: Expanded infrastructure mandates that require every EV dealership to host public charging stations.

“The planned expansion of public charging facilities and battery-swapping infrastructure is expected to stimulate investment across multiple segments of the electric mobility ecosystem. Opportunities are likely to emerge for infrastructure developers, private investors, technology firms, and start-ups engaged in EV-related services. As electric vehicle adoption accelerates, demand is also expected to rise for advanced battery technologies, power electronics, semiconductors, charging hardware, digital payment platforms, predictive maintenance applications, and intelligent energy management solutions”, said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.

The policy will deliver important macroeconomic benefits through reduced dependence on imported fossil fuels, lower urban emissions, improved public health outcomes and increased private investment in future-ready industries. The policy is also expected to encourage innovation in electric mobility technologies while supporting India’s commitments towards sustainable development and the transition to a low-carbon economy.

Further, the policy aligns with several national initiatives, including the Production Linked Incentive (PLI) Schemes for the automobile and Advanced Chemistry Cell (ACC) battery sectors, the National Electric Mobility Mission and India’s target of achieving net-zero emissions by 2070. Together, these initiatives can strengthen domestic value addition, enhance supply chain resilience and improve India’s competitiveness in the global EV market.

PHDCCI works closely with policymakers, and industry stakeholders to support effective implementation of the policy and facilitate the development of a robust, competitive and sustainable electric mobility ecosystem that contributes to economic growth, industrial transformation and environmental sustainability.

As per the agreement, Tata Power-DDL will provide dedicated space for establishing battery swapping stations, while Magna Yuma Private Limited will be responsible for designing, procuring, installing, and maintaining these stations.

The MoU was signed between Tata Power-DDL & M/s Magna Yuma Private Limited in presence of senior officials from both the organizations including Mr. Dwijadas Basak, Chief Executive Officer, Tata Power-DDL, Ms. Kiran Gupta, Chief-Customer Experience, Comm, Govt. Affairs, EAC & Consumer Litigation, Tata Power-DDL, Mr. Praveen Agrawal, Chief – HR, IR, FM & HS, Tata Power-DDL, Mr. Raj Kumar Rastogi, Chief-Operations & Safety, Tata Power-DDL, Mr. Surender Singh, Chief – Network Services & Stores and Mr. Abhilash Kumar, Lead Business Head of M/s Magna Yuma Pvt. Ltd, Mr. Harshal Gupta, Lead- Public Policy & Govt Affairs, M/s Magna Yuma Pvt. Ltd.

This strategic collaboration aims to build a robust EV ecosystem focused on commercial electric two-wheelers, especially in the gig economy. By combining Tata Power-DDL’s infrastructure expertise with M/s Magna Yuma’s advanced battery-swapping technology, the initiative seeks to accelerate the adoption of sustainable transport solutions, curb pollution, and enhance income opportunities for gig workers and delivery partners in the city. The association is also expected to reduce power theft and improve remunerative opportunities for shared e-mobility.

Commenting on this partnership, Mr. Dwijadas Basak, Chief Executive Officer, Tata Power Delhi Distribution Limited said, “Tata Power-DDL is pleased to partner with Magna Yuma in expanding the battery-swapping network in Delhi. This initiative is aligned with our commitment to drive clean energy adoption and promote sustainable mobility. Together, we aim to reduce air and noise pollution while creating socio-economic opportunities for the city’s youth and strengthening the gig economy.”

Initially, Magna Yuma will set up two Battery Swapping Stations in Tata Power-DDL grid substations at Shalimar Bagh facility Centre Grid and Badli Grid.