Abstract:

Rapid urbanisation stimulates mobility needs and augments travel demand, creating a surge in the demand for vehicles. Rising number of vehicles impacts air quality and increases the country’s dependence on crude oil leading to higher import bills. However, economic development often involves judicious trade-offs and thus arises a need for green mobility solutions. Introduction of Electric Vehicles (EVs) in India currently lies at the core of sustainable mobility solutions. This is likely to require robust ecosystem and conducive environment and there is, thus, a potential need to develop appropriate business models for government and private sector stakeholders to facilitate and optimise the interplay amongst various actors in EV ecosystem.