Delhi Govt EV Policy: Electrify 50 percent Two-Wheeler Fleet Of Delivery Companies By March 2023

8th August 2020

"Delhi Govt EV Policy: Electrify 50% Two-Wheeler Fleet Of Delivery Companies By March 2023."

Chief Minister Arvind Kejriwal, who launched the Delhi Electric Vehicle Policy on Friday, sought the cooperation of all stakeholders in implementing it.

The Delhi government's new electric vehicle policy envisages incentives to cut to 50 per cent by March 2023 fleet of petrol-powered two-wheelers used by delivery service providers in the city. Chief Minister Arvind Kejriwal, who launched the Delhi Electric Vehicle Policy on Friday, sought the cooperation of all stakeholders in implementing it.

It is expected that the incentives will encourage delivery service providers like those engaged in food delivery, e-commerce logistics and courier services to switch to using electric two-wheelers, the EV policy stated.

Also Read: TRAFFIC POLICE INSTRUCTED TO FILE CASES AGAINST THE DRIVERS WHO DON’T FOLLOW THE ODD-EVEN RULE

EMBOSSED NUMBER PLATE REGISTRATION PROCEDURE IN NEPAL

"I am glad Delhi's EV policy has been well received by all stakeholders. It was prepared after wide-ranging consultations spanning over a period of more than 2 years. Now, I seek everyone's cooperation in successfully implementing it," he tweeted on Saturday.

"To ensure the switch happens in a time-bound manner, all delivery service providers shall be expected to convert 50 per cent of their fleet operating in Delhi to electric by March 31, 2023, and 100 per cent by March 31, 2025," it said.

2020-21 BUDGET IMPACT: ELECTRIC VEHICLES TO BE MORE COSTLY IN NEPAL

In Nepal, the government had earlier introduced policies to encourage EVs adoption. Unlike fossil fuel-powered four-wheelers, which incurred taxes of up to 261 percent, private EV four-wheelers were taxed only 23 percent (10 percent import tax and 13 percent VAT) till 2076-77.

The new budget has now imposed customs duty on the price of electric cars like other vehicles and has also increased excise duty. The previous tariff rate of 10 percent has been increased to up to 40 percent and excise duty will also be levied on the basis of motor capacity.

The price of an EV has now almost tripled due to the government's plan of 80 percent increase in customs and excise duties.

Source: PTI

Also Read:

NEW UPCOMING ELECTRIC CARS IN NEPAL 2020 | PRICE, SPECS

AMPERE ELECTRIC OPENS DEALERSHIP IN NEPAL

Yatri bike's launch date and price

Review of NIU N-series

Genius electric bikes available in Nepal

Advantages and disadvantages of Electric Vehicles

10% VAT REFUND ON ELECTRIC PAYMENT IN NEPAL

Compiled by :

Rishi Raj Singh

2020-21 Budget impact: Electric Vehicles to be more costly in Nepal

28th May 2020

"The new budget of Nepal has now imposed customs duty on the price of electric cars like other vehicles and has also increased excise duty."

Amidst huge challenges and uncertainties due to the spread of COVID-19 in the country, the Finance Minister of Nepal Yubaraj Khatiwada yesterday unveiled a federal budget of Rs 1.475 trillion for fiscal 2020-21 at the joint session of the House of Representatives and National Assembly.

The pandemic has created a crisis in the entire region and sales of all types of vehicles have come to a standstill in Nepal. While automobile dealers had few expectations from the Budget, in general, the automobile sector has not been affected as the budget did not increase any tax on two-wheelers and four-wheelers in both petrol and diesel variants.

However, electric vehicles (EV) have been affected and will now cost more.

Also Read: TRAFFIC POLICE INSTRUCTED TO FILE CASES AGAINST THE DRIVERS WHO DON’T FOLLOW THE ODD-EVEN RULE

EMBOSSED NUMBER PLATE REGISTRATION PROCEDURE IN NEPAL

In Nepal, the government had earlier introduced policies to encourage EVs adoption. Unlike fossil fuel-powered four-wheelers, which incurred taxes of up to 261 percent, private EV four-wheelers were taxed only 23 percent (10 percent import tax and 13 percent VAT).

The new budget has now imposed customs duty on the price of electric cars like other vehicles and has also increased excise duty. The previous tariff rate of 10 percent has been increased to up to 40 percent and excise duty will also be levied on the basis of motor capacity. For vehicles up to 50 kW the excise duty is 30 percent, 50-100 kW is 40 percent, 100-150 kW is 50 percent, 150-200 kW is 60 percent, 200-300 Kw 70 percent, 300 and above is 80 percent.

electric vehicle tax in nepal 2020-2021

Let’s suppose the cost of an EV was Rs 130/- in Nepal prior to this budget, it will now cost Rs 216/- for the same car, which is of 50 Kw after the budget speech, Rs 232.60 for the car, which is of 50-100 Kw, Rs 249.17 for the car, which is of 100-150 Kw, Rs 265.78 for the car, which is of 150-200 Kw, Rs 282.40 for the car, which is of 200-300 Kw and Rs 299/- for the car, which is above 300 Kw.