FUTURE OF ELECTRIC VEHICLES (EVs) IN INDIA

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The automobile industry is growing so well as the growing importance is being felt for low carbon emissions, to combat air pollution and to improve the energy efficiency. This is not the case only in India but is prevelant all over the globe. Governments are also playing their role so well by making supportive policies and by providing incentives to the undertakings involved in automotive industry. Big corporate houses are also contributing their bit by making use of these green vehicles. This research paper attempts to study the trends, technological developments, challenges and the functions of governmental regulations related to electric vehicle industry in India. It also throws light on the impact of EV adoption on the environment, society and economy. Both primary and secondary data have been used for in-depth analysis. It has been concluded that with sincere efforts on the part of all stakeholders, EV industry will become a major driver of Indian economy by the year 2030.

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