In its report on electric vehicle, IEA says under the New Policies Scenario, India will reach an 11 per cent EV market share by 2030 (for all modes combined, excluding two- and three-wheelers where the share will be 70 per cent). Under the EV30@30 Scenario outlook, India’s electric mobility transition could develop a favourable policy environment and achieve a 25 per cent EV market share by 2030 across all modes, except two and three-wheelers where over 70 per cent of sales will be electric by the same year.
"This transition can be supported with the adoption of car and ride-sharing systems, suggesting that the country to some extent may leapfrog from a low personal vehicle ownership rate to shared mobility while access to motorised road-based mobility is growing," says the report.
While New Policies Scenario factors in transport and EV-related policies already announced, as well as their implications for technology developments and related spillover effects, looking at all road transport modes, the second scenario of EV30@30 reflects a policy case characterised by a wider adoption of EVs, in line with the global campaign applied at a global scale.
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