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Delhi EV policy could add 6 lakh electric two-wheelers by 2029

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Low angle action shot of a rider on an ather rizta

CRISIL has released an impact assessment of Delhi's draft Electric Vehicle Policy 2026-2030, which proposes banning new petrol two-wheelers from April 2028. The research firm believes this policy could significantly boost India’s overall EV penetration, even though Delhi represents a relatively small share of the country’s vehicle market.

  1. Delhi EV policy could add 6 lakh electric two-wheelers to national sales
  2. Pan-India electric two-wheeler penetration expected to reach 21-23 percent by FY29
  3. Draft policy open for public feedback until May 10

CRISIL EV penetration projections

CRISIL estimates nearly 6 lakh electric two-wheelers will be added to national sales

In an impact note released on Tuesday, CRISIL said the draft Delhi EV Policy 2026-2030 could push pan-India electric two-wheeler penetration to 21-23 percent by FY2029, compared to 18-20 percent without the policy. This projection is based on the proposal to ban new ICE two-wheelers from April 1, 2028.

The firm also noted that the lifetime cost of ownership for electric two-wheelers already favours buyers over petrol alternatives, and Delhi’s incentive framework would further tilt the economics in favour of EVs.

The policy push has been driven in part by Delhi being ranked the world’s most polluted capital city in the IQAir 2025 World Air Quality Report. Vehicular emissions account for around 23 percent of the city’s winter pollution, with two-wheelers making up nearly 67 percent of Delhi’s registered vehicle stock.

CRISIL added that Delhi’s move could trigger similar mandates in larger states. With 66 of the world’s 100 most polluted cities located in India, comparable policies elsewhere could significantly accelerate the EV transition, pushing automakers to ramp up electrification efforts and fast-track localisation of batteries and charging infrastructure.

The draft policy is open for public feedback until May 10, after which it is expected to be formally notified.

Arunima Pal



from Autocar India https://ift.tt/KfOECsj

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