🚀 Business & Startups🇮🇳 India
Delhi's ₹15,000 Crore EV Policy Sends Ola Electric and Ather Shares Surging
Inc42 Media·Wednesday, 1 July 2026
Shares of Ola Electric ended 8% higher at ₹43.79 after Delhi announced a ₹15,000 crore electric vehicle policy. Ather Energy also rallied on the news. The policy is seen as a major demand booster for electric two-wheelers in one of India's largest urban markets.
Why It Matters
Delhi is India's biggest city and a huge market for two-wheelers. A ₹15,000 crore policy backing EVs could make electric scooters and bikes significantly cheaper and more accessible for everyday commuters.
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