Near-term incentives for electrifying ride-hailing vehicles in India

This working paper examines the kinds of near-term incentives and supporting actions that are necessary to make battery electric vehicles (BEVs) a viable purchase option for drivers in Indian ride-hailing fleets. Focusing on the states of Delhi and Telangana and on four-wheelers, the authors conduct a total cost of ownership (TCO) analysis for both a baseline scenario of already adopted policies and a set of proposed and hypothetical policies. The goal is to illuminate how the Central Government of India and state governments, along with other stakeholders including cab aggregators, power utilities, and charging providers, might induce purchase decisions toward electric vehicles in ride-hailing fleets.