Abstract:

In India, road transport has become a dominant segment of the transportation sector, contributing notably to the nation's GDP. With the Government of India's heightened emphasis on E-Mobility, by 2030, we would necessitate over one hundred thousand electric buses, or one hundred times the existing fleet. This is a significant opportunity to comprehend the obstacles and potentialities associated with transitioning to an entirely new technology for public transportation. This case study, grounded in comprehensive market research conducted by CESL, WRI India, the World Bank, and others, underscores the principal attributes of the Grand Challenge, which is the largest and most complete global tender for the procurement of electric buses to date. The revealed costs were the lowest on record, being 31% lower than diesel and 18% lower than unsubsidized CNG on a per kilometer basis.