The Global EV Outlook is an annual publication that identifies and assesses recent developments in electric mobility across the globe. It is developed with the support of members of the Electric Vehicles Initiative (EVI).

This paper explores the pivotal role of zero-emission vehicle (ZEV) sales regulations in enhancing the adoption of electric two-wheelers in India, highlighting the gap between current gasoline vehicle dominance and the ambitious electric vehicle targets set by the government.

The Ministry of Heavy Industries (MHI), vide notification dated 15 March 2024, has introduced a ‘scheme to promote India as a manufacturing destination for Electric Vehicles (EVs) and attract investments from global EV manufacturers (Scheme)’.

Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced by Ministry of Heavy Industries, Government of India with the approval of Department of Expenditure, Ministry of Finance to further accelerate the adoption of EVs in the country. This is a fund limited scheme with a total outlay of Rs.

India’s electric mobility sector is witnessing swift expansion, surpassing 1.5 million units in sales in 2023, primarily driven by the electric two-wheelers segment.

Electric bikes, or e-bikes, are close substitutes for cars and two-wheelers because they cover longer distances with less effort. Thus, e-bikes will play a key role in shifting passenger and freight trips away from high-polluting private vehicles and generating fewer emissions if used at scale.

Clean energy is growing rapidly, as annual deployment of a number of key technologies has surged ahead in recent years driven by policy support and continued cost declines. Their growth is starting to make a dent on emissions and reshape energy markets.

Private stage carriage bus operators across the country ferry 150 million people daily! With a majority of them operating in the non-urban sector, these operators provide critical and affordable public transport linkages across the regions. However, the rising fuel (diesel/ CNG) prices significantly threaten their current business.

Micromobility technologies, primarily consisting of e-cycles and low-speed e-mopeds, have been proliferating across the Global South. Low cost of operations, ease of use and charging/swapping are the primary drivers facilitating the uptake of these technologies.

In the global market, the sales of light-duty EVs reached around 6 million in the first half of 2023 (2023 H1), representing nearly 14% of new LDVs sold worldwide.