Guidelines soon for subsidy on e-cycle purchases in city

Delhiites buying e-cycles will soon get incentives as the AAP government is expected to roll out operational guidelines for subsidy payment in the coming week. The government had last month announced a subsidy of Rs 5,500 each for the first 10,000 e-cycles sold in the city.

It is learnt that the operational guidelines for payment of subsidy on purchase of e-cycles will be launched in the coming week. The guidelines will be having details, including brands covered under subsidy scheme and ways to avail the incentives.

City transport minister Kailash Gahlot said that the first 1,000 buyers of passenger e-cycles will also be given an additional subsidy of `2,000 under the Delhi Electric Vehicle (EV) Policy.

The government has also approved a subsidy of `15,000 each for the first 5,000 buyers of heavy duty cargo e-cycles and e-carts for commercial use. Earlier, the subsidy was provided to individual buyers of e-carts, but now, a company or corporate house buying these vehicles will also be given a subsidy of `30,000.

The government has planned to promote ecycles to help reduce pollution levels in the city. The incentives will be paid to Delhi residents having AADHAAR. The operational guidelines regarding companies and models qualifying for the scheme will help people with making a choice as good quality e-cycle prices range from around `25,000-`30,000.

The cargo e-cycles are priced around `40,000`45,000. Different models of e-carts are available in the market ranging from `90,000 to nearly `3 lakh.