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      in Electric Cars

      Delhi EV Policy Gives Additional Benefits To Electric Car, Scooter Buyers

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      Delhi government’s electric vehicle policy is curated and derived after a study of global electric vehicle policies in consultation with experts in the country
      Pollution and Delhi are usually mentioned together. Delhi government has now introduced measures to reduce pollution in NCR, and boost economy. Delhi EV policy introduces subsidies, and waives road tax as well as registration fee for electric vehicles. The progressive policy has two objectives – Boost Delhi’s economy; and reduce pollution level and contribute to sustainable development.
      Financial Incentives

      It goes without saying, the policy would help generate jobs on various fronts. Financial incentives for electric two-wheelers, auto-rickshaws, e-rickshaws and freight vehicles will be up to Rs 30,000. For electric cars, this benefit will be up to Rs 150,000. The incentives will be applied over and above existing e-vehicle incentives already applicable under central government.
      The unicorn that is the scrapping policy, a notion with no clarity is now being undertaken by Delhi government. A scrapping incentive will be provided when replacing a fuel run vehicle for an e-vehicle. Loan interest for purchase of e-vehicles for commercial activities is waived. e-Vehicles are exempted from registration fees and road tax.

      Ather Electric scooter will launch in Delhi soon.
      Today’s announcement will be valid for three years and will be reviewed regularly. To facilitate the proposals, a state electric vehicle (EV) fund is being set up to bear expenses related to the policy. An EV board chaired by the state transport minister is being set-up. The board will pave the way for policy implementation. The government is hopeful for 5 lakh new EV registrations in the next 5 years.
      Delhi cabinet approved Delhi Electric Vehicle (EV) Policy, 2019 last year to get to this stage. Delhi already sees a notable number of e-three-wheelers plying on its street but the adaption to electric cars and electric two-wheelers isn’t quite so enthused.
      Charging Infrastructure
      To promote the use of EVs, the Delhi government is keen on infrastructure development and is keen to set-up 200 charging stations in a year, and and install an electric charging station every 3 kms. The policy blueprint will facilitate timely education of eBuses into the transport system. Within 1 year, Delhi Govt aims to induct 35,000 e-vehicles and paving the way for 25 percent electric vehicles by 2024.
      Delhi EV policy addresses forward moving measures to give the EV industry a fillip in the right direction. Being a time bound and target-oriented policy would mean infra development at the same pace for policy goals to come to fruition, and offers over and above FAME II scheme.
      Customers who haven’t benefitted from central government’s subsidy scheme can avail subsidy under Delhi EV policy. The independent policy doesn’t run on exchequer money, and could set precedence for other states to follow suit. For now, Delhi EV policy doesn’t benefit lithium battery e-scooters with speeds upto 25km/hr. More

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      in Electric Cars

      Tata Nexon Electric Subscription Plan Prices from Rs 42k per month

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      Owners can now enjoy possessing a Tata Nexon EV without having to pay the full price
      Tata Motors unveiled the Nexon EV in India in December 2019 and opened bookings soon after at a down payment of Rs.21,000. The Nexon EV entered a segment to compete with the Hyundai Kona electric and MG ZS EV and was priced at Rs.15 – 17 lakhs. It is is presented in three variants of XM, XZ+ and XZ+ Lux and offers an ARAI certified range of 312 kms.
      Tata Nexon EV with monthly plans

      With the ever increasing demand for electric vehicles, but the high costs involved, Tata Motors has introduced subscription plans for the Tata Nexon EV at a starting rent of Rs.41,900. Customers can select tenures from 18, 24 to 36 months and the rental amount include a comprehensive insurance cover, road side assistance and end to end maintenance.
      This monthly rental scheme on the company’s flagship electric vehicle is being offered initially in 5 cities of Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru. The offer is in collaboration with Orix Auto Infrastructure Services Limited, a leading leasing company in the country. For a tenure of 36 months, the monthly subscription rate is Rs.41,900, going up to Rs.44,900 for a period of 24 months and at Rs.47,900 for an 18 month leasing period.

      It will not involve any vehicle registration, road tax, etc making it a hassle free acquisition for the user. The monthly subscription covers all benefits and also includes free maintenance with servicing and doorstep delivery. The customers will also be provided with their own electric chargers installed at their homes or offices for the entire tenure selected.
      Benefits
      The Tata Nexon EV with monthly plans will benefit corporate who would prefer the leasing option over outright purchase. It will also be found useful for individual in the event of intercity job transfers while expatriates coming into the country for a limited period would also find this subscription plan a viable option.
      The plans are flexible. Users can opt for extension of the plan or just return the vehicle after the completion of the rental tenure. They can also exit the plan with a 1 month notice and return of the vehicle. More details about the Tata Motors EV Subscription Program is available on official site.
      The Tata Nexon EV is powered by a 3 phase permanent magnet synchronous motor offering 129 hp power and 245 Nm peak torque mated to an automatic transmission. The electric vehicle has two driving modes of Drive and Sport. The motor is paired with a IP67 certified 30.2 kWh lithium ion battery. The fast charger can charge the vehicle upto 80 percent in 60 minutes while a regular charger can charge the Nexon EV upto 100 percent in 8 hours. More