Opinion | An entire ecosystem needed for EVs in India
Electric vehicle adoption can definitely be boosted, but in a ruthless and inertial battlefield like India, it can only be catalysed, not gamed
India’s automotive industry is in a growth stage—automobile production and sales in India will both have higher growth rates over the next decade than in most other auto hubs. However, with each additional combustion-engine-based vehicle we manufacture and use, we will be adding carbon dioxide and other pollutants, using additional fuel, and putting excessive load on our already saturated city infrastructure and traffic. Ostensibly, electric vehicles (EVs) are less polluting, better on total-cost-of-ownership (TCO), expected to rapidly become cost-competitive, and more suitable for commercial business models. These attributes make them seem like an obvious lever for future growth.