Delhi plans to limit the number of petrol/diesel cars per family

The government plans to waive some taxes on the purchase of hybrid vehicles, lowering their cost by up to 15%.

The government of Delhi is mulling a new car and bike ownership rule that could put a limit on the number of petrol/diesel vehicles a family can buy and ban sales of fuel-guzzling motorbikes and scooters.

Reports suggest that the new policy is set to limit the number of fossil fuel cars each household can purchase to 2 vehicles. The government will waive some taxes on the purchase of hybrid vehicles, which could lower their cost by up to 15%. It aims to achieve 30% EV penetration by 2030.

In the second phase, the government plans to ban sales of all petrol, diesel and gas-based 2-wheelers from April 1, 2027. At the same time, the government will provide cash incentives for the purchase of electric bikes and scooters.

An additional levy of Rs 0.5 on every litre of petrol sold has been proposed.

The new policy is expected to cost the Delhi government Rs 28.6 billion. That being said, it is yet to be finalized and could change based on the feedback from car manufacturers and other stakeholders.

Source: ET Auto

[ad_1]

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}

[ad_2]