Transforming ENERGY
Case Study: India
●
National target of 30% EV sales by 2030
•
Set stringent fuel economy standards aligned with Euro 6 in April
2020
Faster Adoption and Manufacturing of EVs (FAME II):
-
-
-
-
Purchase incentives of $1.4B USD for 1.6M EVs and hybrids 2019-
2024
Phased-in localization of component manufacturing
Charging infrastructure funding of $133M USD
Direct subsidies to purchase electric buses (nearly 6,000 so far) and
1 charger per bus
EV adoption far behind schedule:
.
.
•
Possibly due to no zero-emission vehicle sales requirements or ICE
phase-out targets (IEA 2021)
EV manufacturers blame the aggressive localization criteria before large
enough market (Chaliawala 2021)
Others blame the limited availability of inexpensive EV models.
Figure. Projected EV share of vehicle sales by mode
and scenario in India, 2030
Sales share (%)
100%
80%
60%
40%
20%
0%
India
2/3 Ws
LDVS
Buses
Trucks |
2/3 Ws
LDVs
Buses
Trucks II
•
Large municipal fleets (especially New Delhi) are leading in
electrification
STATED
USAID
USAID
NREL
Transforming ENERGY
FRELATIONAL
FROM THE AMERICAN PEOPLE
STEPS
SDS
STEPS = Stated Policies Scenario
SDS = Sustainable Development Scenario
Source: International Energy Agency (2022)
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