Abstract:

In order to attract increased investments in charging infrastructure, policy interventions are needed that can improve the economics of EVs and charge, including reducing cost hurdles and other barriers. In the absence of government policies, insufficient charging infrastructure often presents a challenge for stakeholders. This factsheet presents recommendations on economic and policy drivers for scaling-up EV charging infrastructure to support a robust EV market in India for 2-wheelers, 3-wheelers, ride-hailing vehicles, and private buses. The preliminary results and findings presented in this factsheet are based on the model analysis of the Hyderabad EV ride-hailing taxi example. The analysis and policy recommendations from this example are indicative of the other vehicle segments. Since the analysis was conducted in 2019 and before the COVID-19 pandemic, some of the vehicle segment use cases have had reduced ridership, such as shared mobility and ride-hailing taxis.