Both passenger and personal e-cycles can travel up to 45 km on a single charge and have a maximum speed of 25 km/hr.
Delhi government on Thursday announced the inclusion of electric cycles, both personal and cargo, in its EV subsidy policy, becoming the first state government to announce subsidies for e-cycles. The government will provide a subsidy of ₹ 5,500 each for the first 10,000 buyers of e-cycles in the city, Transport Minister Kailash Gahlot said.
The first 1,000 buyers of passenger e-cycles will also be given an additional subsidy of ₹ 2,000. Subsidy will also be provided on the purchase of heavy duty cargo e-cycles and e-carts for commercial uses. The subsidy on cargo e-cycles will be ₹ 15,000 each for first 5,000 buyers.
While subsidy was earlier provided to individual buyers of e-carts, now a company or corporate house buying these vehicles will also be provided a subsidy of ₹ 30,000 each, the minister said. However, only Delhi residents will be eligible for this subsidy scheme under the Delhi EV policy.