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HomeBikes and ScootyDelhi government will give subsidy up to Rs 7,500 on e-cycles!

Delhi government will give subsidy up to Rs 7,500 on e-cycles!

The Delhi government has announced a subsidy of Rs 5,500 on the purchase of electric cycles to promote electric vehicles in the city and to motivate people to move towards green lifestyle to some extent. The subsidy has not been restricted to just personal electric cycles, but the government has also announced a subsidy on the purchase of ‘heavy duty cargo e-cycles’ and ‘e-carts’ used for commercial purposes.

The Delhi government has announced subsidy on e-cycles through a press conference on Thursday. The government also shared information about this policy through its Twitter handle. The government has said that the first 10,000 buyers of e-cycles will get a subsidy of Rs 5,500. It has also been told that out of these, the initial 1,000 buyers will be given an additional subsidy of Rs 2,000, i.e. a total subsidy of Rs 7,500.

Transport Minister Kailash Gehlot further informed that a subsidy of Rs 15,000 will be given to the first 5,000 buyers of the Cargo e-cycle. He said that earlier subsidy was given to any person buying e-carts, but now companies or corporate offices who buy them will also be given a subsidy of Rs 30,000.
It is further clarified that this policy will be applicable only to the residents of Delhi. Gehlot says that Delhi currently has 45,900 e-vehicles, of which 36% are two-wheelers. The buyer of Delhi will have to use his Aadhar card to get the subsidy. It is also reported that Delhi has become the first state in the country to give subsidy in the e-cycle segment.

The government says that this decision has been taken to motivate people to reduce the use of polluting vehicles. Delhi Chief Minister Arvind Kejriwal shared the tweet on his personal handle and congratulated the residents of Delhi. He wrote that e-cycles will help Delhiites reduce the use of polluting vehicles.

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