ABSTRACT

A NITI Aayog report released in 2018 said India can save 64% of anticipated passenger road-based mobility related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric and connected mobility strategy. Mobility when shared, connected, reliable and electric would be clean. While supply constraints may exist, India must focus on creating sufficient demand-side incentives in the short-medium term to drive the transition to electric mobility. The dividends of a shift to a cleaner and low-carbon transport system will address the issue of mitigating climate risks, enhanced mobility standards and higher savings for end-consumers. The Government of India has a vision of having at least 30% of the vehicle fleet as electric by 2030. Evidence suggests that even in the near future, wherein India will have to depend on imports for cells while battery pack and fabrication can be done domestically, the import burden of batteries would be lower than the oil import bill.