The Delhi Cabinet on Monday approved electric vehicle policy which is likely to be implemented from July 1, Chief Minister Rekha Gupta announced, adding that the government plans to invest Rs 15,000 crore under the policy in the next four years.The EV Policy 2.0 forms a key part of Delhi's strategy to strengthen its leadership in electric mobility adoption. The BJP government in the national capital has set a target of ensuring that 95 per cent of all new vehicle registrations in the national capital are electric by 2027.Officials quoted by PTI said that only electric autos will be registered in Delhi from January 1 next year, and e-two wheelers from April 1, 2028 under new EV Policy. Owners of BS IV four wheelers will now get Rs 1 lakh scrapping incentive.Under the draft EV policy, the government had proposed that hybrid vehicles priced up to 30 lakh to receive a 50 per cent waiver on road tax. Hybrid vehicles include an internal combustion engine with one or more electric motors and use regenerative braking and engine-generated power to recharge their batteries.However, an official told the news agency that the EV policy does not include any subsidy for hybrid vehicles.A senior government official earlier told PTI that the administration is considering extending incentives to hybrid vehicles, although the proposal has faced resistance from some quarters."The government wants to cover hybrid vehicles under the subsidy scheme, but there are differing views on the matter. At the same time, evidence suggests that incentivising hybrid vehicles has supported faster adoption of electric mobility in several markets," the official said.