The Delhi Electric Vehicle (EV) Policy 2026 has drawn strong backing from industry leaders, who say the initiative can accelerate sustainable urban mobility while catalysing investment, domestic manufacturing, and green employment across India's electric mobility sector. The endorsement came on Tuesday, 30 June, as leading industry chamber PHD Chamber of Commerce and Industry (PHDCCI) pledged to work alongside policymakers and stakeholders to support its rollout.

What the Policy Promises

The Delhi EV Policy 2.0, which runs through 2030, introduces a sweeping set of fiscal incentives and regulatory mandates. Buyers of EVs priced up to ₹30 lakh (ex-showroom) will receive a 100% waiver on road tax and registration fees. Subsidies of up to ₹30,000 are available for electric two-wheelers, up to ₹50,000 for three-wheelers, and up to ₹1 lakh for scrapping old BS-IV or older petrol cars.

The policy also sets hard phase-out timelines: no new petrol motorcycles or scooters can be registered after 31 March 2028, and new CNG auto-rickshaw registrations are set to cease by the end of 2026. The government has proposed an investment of approximately ₹15,000 crore to develop the EV ecosystem over the policy period.

Industry's Assessment

Rajeev Juneja, President of PHDCCI, said the policy reinforces clean mobility as a core driver of Delhi's economic future. '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,' he said.

PHDCCI said it will work closely with policymakers and industry stakeholders to support effective implementation and facilitate a robust, competitive, and sustainable electric mobility ecosystem that contributes to economic growth, industrial transformation, and environmental sustainability.

Sectors Set to Benefit

The policy's reach extends well beyond vehicle adoption. According to PHDCCI, it has the potential to stimulate investments across battery manufacturing, charging infrastructure, renewable energy integration, power distribution, electronics, automotive components, software solutions, fleet management, financing, and recycling and circular economy services.

Dr Ranjeet Mehta, CEO and Secretary General of PHDCCI, noted that accelerating EV adoption will also drive demand for advanced battery technologies, power electronics, semiconductors, charging hardware, digital payment platforms, predictive maintenance applications, and intelligent energy management solutions.

National Alignment and What Comes Next

At the national level, the Delhi policy aligns with India's broader Make in India initiative, aimed at strengthening globally competitive manufacturing. The charging infrastructure expansion embedded in the policy is seen as a critical enabler — addressing one of the most cited barriers to EV adoption in urban India.

With hard registration bans approaching and significant fiscal incentives in place, the policy now shifts the burden to implementation — particularly the pace of charging network deployment and the absorption capacity of domestic manufacturers. How quickly the ₹15,000 crore investment translates into on-ground infrastructure will determine whether Delhi's EV transition becomes a replicable model for other Indian cities.