Delhi EV Policy 2026: 100% Road Tax Waiver for Vehicles Under ₹30 Lakh

Delhi just put hard cash behind its EV transition. The newly notified Delhi EV Policy 2026 waives 100% road tax on electric vehicles priced up to ₹30 lakh, according to EVTech.News, and locks in a phased ban on new ICE two-wheeler, three-wheeler, and sub-3.5-tonne vehicle registrations running from 2027 through 2028. The package, also reported by The News Mill, includes more than ₹70 billion in incentives and a goal of 30,000-plus public charging points by 2030. For anyone weighing an EV against a petrol alternative in the capital, that's a meaningful shift in out-the-door math.

What the policy actually delivers

The headline number is the road tax waiver — 100% for any EV priced at or below ₹30 lakh. That's the full purchase-tax component, not a partial rebate. Stacked on top is an incentive pool north of ₹70 billion and a charging buildout targeting 30,000-plus public points across Delhi by 2030. The ICE side isn't subtle either: from 2027, no new petrol two-wheelers or three-wheelers get registered, with sub-3.5-tonne commercial vehicles following in 2028.

What to pressure-test before signing

Three things deserve a closer look before you commit. First, the ₹30 lakh cap is firm — any EV priced above it loses the tax break, so check the on-road figure before assuming the deal applies to your shortlist. Second, the 30,000 charging points are a 2030 target, not a 2026 reality; the only number that matters for daily life is whether there's a working point near your parking spot or on your usual grocery run. Third, the ICE registration ban is phased, not simultaneous — if you're shopping for a two-wheeler or three-wheeler, your purchase window closes sooner than a four-wheeler buyer's.

The broader signal worth tracking

Aggressive purchase-side tax breaks layered on a binding ICE cutoff are still rare globally. The July 2026 Manheim Used Vehicle Value Index shows used EVs more broadly appreciating against traditional depreciation curves, per WardsAuto, which suggests the wider market is starting to price in tighter ICE timelines. Whether that dynamic extends to Delhi depends almost entirely on whether those 30,000 chargers arrive on schedule — and that's the number I'd watch before assuming this policy delivers the way it reads on paper.