Abstract:

This report highlights the immense possibilities for EV value chain growth in India. This report exists to encourage EV adoption and intelligent policy development across the country. The research uses a Value Chain Framework to analyse policies in 10 Indian states, to provide actionable intelligence and recommendations. The value chain framework pays attention to the multisectoral and multistakeholder aspects of EV policies, divided into three different value chains: electric vehicles; charging; and the surrounding network. The framework also allows for comparisons with policies in international markets like Europe and the United States. The analysis of EV policies in the identified states had varied findings that included Bihar’s efforts to convert all paddle rickshaws to e-rickshaws by 2022, Karnataka’s focus on a venture capital fund for e-mobility start-ups and Delhi’s efforts towards 50% e-bus in public transportation by 2023. The report also calls out the need for common framework to bring consistency and accelerate EV adoption in India. It ensures that overall sustainability is considered from cradle to grave and, finally, it helps to highlight the gaps in the value chain that need investment and further policy attention. The analysis focuses on 10 Indian states that have a notified EV policy or a draft policy published: Andhra Pradesh, Bihar, Delhi, Karnataka, Kerala, Maharashtra, Tamil Nadu, Telangana, Uttarakhand and Uttar Pradesh.