India pledged to reach net zero emissions by 2070 at the 26th Conference of the Parties (COP26) held at Glasgow recently. The two-week conference saw myriad announcements for an era of net zero emissions. One such announcement revolved around the transport sector, whose surge in greenhouse gas (GHG) emissions is a growing concern globally, given its enormous environmental impact.
According to the Intergovernmental Panel on Climate Change (IPCC), this sector is responsible for approximately one-fourth of global green house gas emissions.
India, the world’s third-largest GHGs emitter, has its transport sector contributing 10% of total national GHG emissions, with road transportation contributing about 87% of the sector’s total emissions. The adoption of electric vehicles (EVs) is one way to bring down emissions. While the Indian Government has issued various policy measures, successful EV uptake lies in policy implementation at the State level. The Indian EV market varies significantly by State with factors related to demographics, income levels, policy and regulatory landscapes, and urbanisation.