Abstract:

An analysis was undertaken by the World Bank to review the development of e-mobility in India, identify remaining challenges and mitigation measures to support India’s electric mobility vision. This report presents the findings of the analysis and lays out a set of recommendations for consideration by different stakeholders.

Several policies and schemes such as National Mission on Transformative Mobility and Battery Storage, the Phased Manufacturing Plan, Faster Adoption and Manufacturing of Electric Vehicle Scheme II, state-level policies and various fiscal incentives are already introduced by India for faster EV adoption. However, despite efforts by the central and state governments to spur electric mobility uptake and domestic manufacturing, various market and implementation challenges exist currently in this transition. This report gives a brief on the identified key issues and the suitable recommendations to accelerate EV adoption in India.