Categories: Business

Why Delhi’s EV policy poses big risk if adopted by other states

Delhi’s new EV Policy 2026 aims to accelerate clean mobility by phasing out petrol and CNG two-wheelers by April 2028 and mandating electric three-wheelers from 2027. While offering substantial incentives, a Morgan Stanley report warns that wider adoption by other states could pose a significant challenge for automakers, especially in the two-wheeler segment. The policy includes Rs 70 billion in direct incentives and aims to install over 30,000 charging points.

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2 months ago

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