
India’s electric vehicle industry needs a regulatory mandate for production and sale of e-vehicles, says new assessment from CSE
This will help vehicle manufacturers increase supply anddiversify e-vehicle models
Incentive schemes for e-vehicles may have increased annual sales,but share in new registrations remains less than 5 per cent
More policy instruments needed to scale up the market, build ambition
Zero Emissions Vehicle (ZEV) mandate that sets targets for a percentage of annual production and sales of EVs needed
CSE’s consultation with the industry representatives and other target groups highlights varying degree of support for this strategy; stronger support from two-/three-wheeler industry
Doable, as the industry expects faster growth in EV market in next five years
Possible to start with a mandate for a small percentage share in 2025 and ramp it up to meet higher share ...