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SIDBI s latest report launched in Washington D C , unveils six de-risking measures to accelerate India s electric two and three-wheeler adoption
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G20 Nations Can Drastically Reduce Global Greenhouse Gas Emissions Through Transforming The Logistics Sector RMI Analysis Offers Solutions
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Rocky Mountain Institute: G20 Nations Can Drastically Reduce Global Greenhouse Gas Emissions Through Transforming the Logistics Sector, RMI analysis offers solutions
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India is one of the fastest-growing electric vehicle markets in the world, and more than 90% of India’s 2.3 million EVs are the cheaper and more popular two- or three-wheelers — that’s motorbikes, scooters and rickshaws. Policies to encourage sales, like a $1.3 billion federal government program, plus rising fuel costs over the past decade and consumers awareness of the long-term cost benefits are driving up sales. But for the electric vehicles market to truly be successful, experts say moving electricity generation away from fossil fuels, managing critical mineral supply chains and boosting EV sales across different socioeconomic backgrounds in the country will be key.