Indraprastha Gas drops more than 4% after the draft of the Delhi EV policy

Introduction:

With a series of rules, the policy also paves the path for Delhi’s bike taxis to receive legal status.

“With this, Delhi has become the first state in India and among very few cities globally to mandate a time-bound transition of commercial vehicles fleets of all aggregators” , Arvind Kejriwal, the state’s chief minister

The Delhi government intends to expand the number of electric vehicles (EVs) in fleets run by businesses like Uber and Ola by 5% over the course of the following six months, in accordance with the policy. Within the following three years, they want to reach a 50% adoption rate, and within the following five years, they want to have fleets that are entirely electric. By the year 2030, all commercial categories, including delivery vehicles, will have undergone a complete electric conversion.

With a series of rules, the policy also paves the path for Delhi’s bike taxis to receive legal status.

“With this, Delhi has become the first state in India and among very few cities globally to mandate a time-bound transition of commercial vehicles fleets of all aggregators” , Arvind Kejriwal, the state’s chief minister

The post Indraprastha Gas Drops. appeared first on ASWGROUPINDIA.

The post Indraprastha Gas drops. appeared first on ASWGROUPINDIA.