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The Delhi government has prepared a comprehensive framework for an electric vehicle (EV) policy, which is likely to be rolled out from the next financial year, Chief Minister Rekha Gupta said on Saturday. She asserted that the policy will play an effective role in curbing pollution and modernising the transport infrastructure in the national capital. To reduce pollution levels and make the adoption of EVs seamless, the government is focusing on financial incentives, expansion of charging infrastructure and removal of highly polluting vehicles from the roads, she said. Addressing the issue of air pollution, the chief minister said emissions from vehicles are a major contributor to PM2.5 and PM10 levels, and adoption of EVs would directly reduce the pollutant load. Under the forthcoming policy, adequate subsidies will be provided to bridge the price gap between petrol and diesel vehicles and EVs, she said, adding that the Delhi government has already abolished road tax and registrati
Government think tank Niti Aayog on Monday pitched for a National EV policy with clear targets and timelines to fast-track India's electric mobility transition. The Aayog, in its report titled 'Unlocking a USD 200 Billion Opportunity: Electric Vehicles in India', further recommended expanding corporate average fuel efficiency (CAFE) norms to a wider segment of vehicles. The report called for establishing a National EV policy with clear targets and timelines, and a regulatory framework with phased EV mandates. It also pitched for a clear policy, with target timelines, for zero-emission vehicle (ZEV) adoption. "Create a pooled fund with contributions from the public budget and multilateral development banks for providing lower-interest loans for the procurement of e-buses and e-trucks," the report said, and suggested designing and launching an appropriate scheme to channel funds. The Aayog also called for prioritising service delivery models over asset procurement, shifting capital
Japan's Suzuki Motor Corporation plans to enter the electric small car segment in future after gathering experience from its first EV, SUV e VITARA which will make its global debut in India which will be the company's production hub, its Representative Director and President Toshihiro Suzuki said on Thursday. The Japanese carmaker also believes that despite declining sales, small cars will not cease to exist in India, where its subsidiary Maruti Suzuki India is the market leader, as "one billion people" who are likely to upgrade from two-wheelers to four-wheelers in future would still need affordable cars, Suzuki told reporters here in an interaction. Maruti Suzuki India will unveil the e VITARA on Friday at the Bharat Mobility Global Expo 2025 being held at Bharat Mandapam. "Although we are launching our first EV, e VITARA, my personal feeling is that the compact vehicles will be the best for EVs... (but) I think first one has learn and master properly the manufacturing techniques