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
Theme: Economic | Subtheme: Incentives
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