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Electric cars may be subsidized in New Delhi, India

Photo of new Delhi by Wili Hybrid. Licensed under Creative Commons license 2.0. Drivers interested in an electric cars in New Delhi will likely soon be able to get a government subsidy that will cost the government around Rs 25 crore (Rs 35 crore if two- and three-wheelers are added). Since early February of this year, a 25 paise tax has been added to each liter of diesel fuel and should generate around Rs 48 crore for the governemnt. Up to 2,000 EVs could be subsidized this year, the government estimates, but the exact subsidy per vehicle has ... Read more →

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