Digital Library on Green Mobility

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Role of Incentives in Reducing Total Cost of Ownership of Electric Vehicles in Dehi

Publication Year: 2020

Author(s): Patil M, Ghate A

Abstract:

In India’s transition towards clean and sustainable transportation, increased use of electric vehicles (EVs) is a crucial element. One major barrier to achieving this goal is the vehicles’ high initial cost. India’s central and state governments have offered multiple fiscal and non-fiscal incentives to make the economics of owning an EV more attractive. In Delhi, electric car buyers are eligible for up to six fiscal incentives, depending on how the car is used.

Source of Publication: Oxford Energy Forum, July 2020,

Vol/Issue: 122: 15-19p.

Country: India

Publisher/Organisation: Rocky Mountain Institute (RMI) / The Oxford Institute for Energy Studies

Rights: Rocky Mountain Institute (RMI) / The Oxford Institute for Energy Studies

URL:
https://rmi-india.org/insight/the-role-of-incentives-in-reducing-the-total-cost-of-ownership-of-electric-vehicles-in-delhi/

Theme: Economic | Subtheme: Incentives

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