Hybrid and electric vehicles in India: current scenario and market incentives

Analyzes the various fiscal incentive mechanisms available in India at a national and state level for hybrid and electric vehicles, and evaluates the relative contribution of such incentives in making these technologies cost-competitive in the Indian market, particularly in context to the central government’s flagship scheme, Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME). This study also evaluates the performance of hybrid and electric models available on the Indian market in comparison to their non-hybrid or non-electric base models, in the context of fuel economy regulations in India as well as life-cycle CO2 emissions.