Delhi Transport Minister Kailash Gahlot on Monday said it will not be "very healthy" to provide subsidies to buyers of electric vehicles beyond a point.
He also said the government has set a target of having one charging point in a radius of three kilometers.
"Sufficient subsidies are being given. Subsidies are good to create a demand but electric vehicles have to be within the reach of the common man eventually. That will drive the entire industry in a sustainable way," the minister said during an interaction at the Delhi EV Forum.
"I do not think we need to further increase (it)... We will provide subsidies till the industry matures," he added.
The Delhi government has already offered subsidies worth around Rs 100 crore on electric vehicles under its Electric Vehicle Policy launched in 2020, the highest by any state.
Apart from incentives, the government has also waived road tax and registration fees for all EVs.
Gahlot also said the Delhi government lost two important years due to the Covid pandemic but it will be able to achieve the target of 25 per cent electric vehicles among total vehicle registrations by 2024.
