The Delhi government has approved the new Delhi EV Policy 2026, which introduces a series of incentives aimed at accelerating electric vehicle adoption while gradually reducing the use of gasoline-powered vehicles. The policy begins on July 1, 2026, and will remain valid until March 31, 2030.One of the biggest highlights of the policy is the 100 percent waiver of road tax and registration charges for private buyers purchasing electric cars below Rs 30 lakh, ex-showroom. This effectively lowers the initial cost of owning an EV in the capital. However, buyers planning to buy electric cars priced above Rs 30 lakh are not eligible for this exemption and will have to pay the applicable taxes and registration fees.Apart from passenger vehicles, the policy also extends financial support to several EV segments. Buyers of electric two-wheelers can avail incentives of up to Rs 30,000, while electric three-wheelers are eligible for a subsidy of up to Rs 50,000. Those who purchase N1-category electric goods carriers will receive an incentive of up to Rs 1 lakh, encouraging businesses to switch to cleaner commercial transport.The government is also allocating substantial funds for scrappage incentives to encourage owners of older internal combustion engine (ICE) vehicles to switch to EVs. Depending on the vehicle category, the incentives range from Rs 5,000 to Rs 1 lakh. Under the policy, buyers scrapping old petrol or diesel four-wheelers will get Rs 1 lakh, while two-wheelers are eligible for Rs 10,000, three-wheelers for Rs 25,000, and N1 commercial trucks for Rs 50,000.Beyond financial incentives, the policy lays out a roadmap for restricting the registration of new gasoline-powered vehicles in phases. From January 1, 2027, only electric three-wheelers and N1-category goods carriers will be allowed to be newly registered in Delhi. A bigger shift will follow on April 1, 2028, when the registration of new gasoline-powered motorcycles and scooters will be stopped in the National Capital Territory.It is important to note that the restriction applies only to new vehicle registrations. Existing two-wheelers powered by gasoline and other ICE vehicles registered before the cut-off dates can continue to be used as per the regulations.