Electric Vehicles in India: Unlocking Opportunities, Overcoming Challenges and Strategic Recommendations

Electric vehicles (EVs) are emerging as a promising alternative to the conventional internal combustion engine vehicles (ICEVs) in India, due to their environmental and economic benefits. However, several challenges that hinder the adoption and development of EVs in the Indian market, such as lack of infrastructure, high cost, low range, and policy uncertainty and consumer awareness. This paper reviews the present status and prospects of EVs in India and identifies the key factors that influence the growth of EVs and their impact on the environment, energy and economy. Based on the analysis, the paper proposes some recommendations for enhancing the competitiveness and sustainability of EVs in India, such as improving the charging network, promoting the utilization of renewable energy sources, incentivizing the demand and supply of EVs, and creating an adoption regulatory framework.