National capital Delhi

The number of electric vehicles (EV) in the country is increasing rapidly. The capital is the leading place in this segment. About 11.5 percent of the total regictions of vehicles in Delhi are EVs. Charging infrastructure for electric vehicles in the capital is also being rapidly enhanced.

According to a report by YES Bank and FICCI, about 11.5 percent of the total vehicles in Delhi are EVs. After this, Kerala is with 11.1 percent EV. Assam is third in this list. Out of the total vehicles in Assam, EV holds about 10 percent of EV, of which a large number of electric two-wheelers and three-wheelers. Electric vehicle compound annual growth rate (CAGR) has been higher in Gujarat, Odisha, Kerala and Punjab between FY 2021 to FY 2024. This report states that the top five states of the country had more than half of the total sales of EV in the last financial year.

The state government recently introduced a new EV policy to promote electric vehicles in Delhi. In this, some incentives such as road tax exemption for electric vehicles have been given. Measures are being taken to promote EVs in many states of the country. These measures include road tax exemption and increasing the number of EVs in government vehicles.

The central government has targeted to increase electric vehicles rapidly. For this, in September, the government approved two schemes worth Rs 14,335 crore. It aims to promote EVs including buses, ambulances and trucks and reduce pollution. These schemes include PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) and PM-Beus Sewa-Payment Security Mechanism (PSM). For PM E-Drive, the government will allocate about Rs 10,900 crore and about Rs 3,435 crore for PSM. PM E-Drive can be very helpful to reduce pollution. Under this scheme, subsidy/demand incentives of Rs 3,679 crore will be provided for electric two-wheelers, electric three-wheelers, electric ambulances and electric trucks. The scheme will help in purchasing 24.79 lakh electric two-wheelers, about 3.16 lakh electric three-wheelers and 14,028 electric buses.