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CA Barkha Kamra

29th Jun · SEBI-Registered Analyst

Delhi accelerates EV transition

* Delhi accelerates EV transition: The Delhi Cabinet has approved a new EV policy under which only electric auto-rickshaws will be eligible for new registrations from January 1, 2027, while only electric two-wheelers can be newly registered from April 1, 2028. The policy aims to reduce vehicular pollution through phased electrification, backed by subsidies, scrappage incentives and charging infrastructure investments. * Stocks to watch: Positive for EV ecosystem players such as

OLAELEC
,
TVSMOTOR
,
BAJAJ-AUTO
,
HEROMOTOCO
,
M&M
, battery makers like
EXIDEIND
and
ARE&M
, and charging infrastructure providers such as
SERVOTECH
.

#WatchOutFor#TrendingSectors
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