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It will need an ecosystem approach that is relevant to the local context, with policymakers, regulators and other stakeholders identifying the technologies and approaches that best fit the Indian scenario. Additionally, a new industrial ecosystem is currently underway – unravelling opportunities for economic resilience, resource efficiency, innovation and R&D. With the diffusion of electric vehicle technology in India, upcoming and established firms have begun launching new products, services and business models to increase their competitiveness.
Electric mobility is often considered as a mere change in fuel source within existing transportation systems. Yet, the opportunity is far greater, provided barriers to mass electric vehicle adoption (e.g. capital cost, vehicle range and access to charging infrastructure) are actively resolved. In addition, the intrinsic connections between electric transportation and the energy sector offer unique opportunities to leverage the ongoing clean energy transition in India.
WRI India’s Electric Mobility Program has produced an in-depth review of Electric Vehicle policies proposed by 12 states. Most of these policies were rolled out between 2017 and 2020, with two broad goals: To hasten EV adoption and to increase investments in the state. The report includes recommendations, from policy to implementation, by considering three broad requirements:
WRI India's Electric Mobility program offers technical assistance and capacity building while facilitating conversations between public and private stakeholders to get a broader, yet nuanced, understanding of the challenges that come with the transition to electric buses. Our key areas of work in this sector are:
WRI India’s Electric Mobility Program is pursuing three lines of work that form the basis of our policy work with decision makers in state and central government, industry, and academia -
Access our TCO EValuator that allows you to compare and contrast the Total Cost of Ownership (TCO) of electric two-wheelers, three-wheelers, cars and buses, as well as light commercial freight vehicles (LCFV), medium commercial freight vehicles (MCFV) and heavy commercial freight vehicles (HCFV) against their internal combustion engine (ICE) counterparts.
“India is committed to reducing nearly 35% of its CO2 emissions and electric vehicles will have a major role to play as we progress along this path. The predictability and consistency of policy is very important, and organizations like WRI India have a very critical role to play.”
CEO, NITI Aayog
As featured in a ‘Powertalk’ interview in the first edition of EV Connect
A curated and compiled newsletter of the latest EV developments in India and abroad, WRI India Ross Center’s monthly newsletter EV Connect also features in-depth interviews with key stakeholders across the electric mobility ecosystem.