Economy

Interactive: India's new mobility story

Annapurani V | Updated on July 15, 2019 Published on July 15, 2019

Rise of EVs in India

The NDA government has proposed a two-phase transition to electrical vehicles (EVs) to bring down vehicular pollution

From Ice Age to EVs

The NDA government has proposed a two-phase transition to electrical vehicles (EVs) to bring down vehicular pollution in India's town and cities. In the first phase, beginning 2025, it wants two- and three-wheelers with internal combustion engines (ICE) to be replaced with electric two- and three- wheelers with engine capacity of up to 150cc. In the second phase, starting 2030, it has suggested only electric passenger vehicles be sold in the country. Here, we decipher India's EV story

Source: NITI Aayog, BP Statistical Review of World Energy report 2019, Economic Survey 2018-19, SIAM, Use of electric vehicles to transform mass transportation in India by PwC, Zero Emission Vehicles (ZEVs): Towards a Policy Framework by NITI Aayog, India leaps ahead: Transformative Mobility solutions for all report by NITI Aayog and Rocky Mountain Institute, USA

EVs and their impact on fuel

Faster adoption of electric vehicle in the country can reduce consumption of crude oil and vehicular emissions. It can lead to significant savings in India's import bill and thus reduce pressure on the country's foreign exchange reserves. A 2014 study estimated that about 70% of diesel and 99.6% of petrol was used by the transport sector. But that will change with increase in EVs on the road. And, even if nearly 75% of India's power is generated from coal now, as more energy begins to be produced from renewable sources in the future, the country's dependency on fossil fuels will gradually come down.

Source: NITI Aayog, BP Statistical Review of World Energy report 2019, Economic Survey 2018-19, PPAC (Petroleum Planning and Analysis Cell), Use of electric vehicles to transform mass transportation in India by PwC, India leaps ahead: Transformative Mobility solutions for all report by NITI Aayog and Rocky Mountain Institute, USA, Morth, Zero Emission Vehicles (ZEVs): Towards a Policy Framework report by NITI Aayog, Workshop report, 2018 on the Indian Power Sector – Low Carbon Transition Strategy for Renewable Energy Integration by Internation Energy Agency, NITI Aayog and ADB

The slow rise of EVs in India

The Union Government wants the country to make a quick transition to electric vehicles over the next decade and has announced several measures to encourage people to buy more EVs. But fiscal measures alone will not be enough to create demand - reliable infrastructure for quick charging and affordable cost of vehicles and spares are also important. We take a look at the EV ecosystem

Infographic: Lavanya Prabhakaran

Published on July 15, 2019
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