Enabling the Transition to Electric Mobility in India
Publication Year: 2018
Author(s): Federation of Indian Chambers of Commerce and Industry (FICCI), Rocky Mountain Institute (RMI)
This report discusses the potential of electric mobility in India, the key challenges to electric vehicle (EV) adoption, lessons from global case studies, and the way forward, across six topics: public transport; sharing and mobility services; interoperable transit data; EV charging infrastructure; battery swapping; and battery manufacturing. One by one, the main barriers to EV adoption that is price, selection, range, charging, and consumer awareness are falling due to steeply falling technology costs, business model innovation, and increasing connectivity. India can accelerate its EV adoption by addressing these key challenges through a whole-systems approach. Overcoming key barriers to vehicle electrification in India’s passenger mobility sector presents an enormous challenge for India and also a tremendous economic opportunity. India can leapfrog the western mobility paradigm of private-vehicle ownership and create a shared, electric, and connected mobility system, saving 876 million metric tons of oil equivalent, worth US$330 billion (INR 20 lakh crore), and 1 giga-tonne of carbon-dioxide emissions by 2030. Using a collaborative approach, coordinated action, and the strategies and solutions in this report, India can overcome key barriers to EV adoption and potentially become a global leader in electric mobility.
Publisher/Organisation: Federation of Indian Chambers of Commerce and Industry (FICCI), Rocky Mountain Institute (RMI)
Rights: Rocky Mountain Institute (RMI)
Theme: Vehicle Technology | Subtheme: Electric vehicles
Electric mobility is no longer a want, but a necessity for decarbonizing the urban transport s... Read More