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Author: World Bank Group
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The deep economic transformation of India will be accompanied by rapid growth in passenger and freight demand and require a transition to more sustainable transport solutions. In this context, electric mobility (e-mobility) is anticipated to play a major role in India's transport transition during this decade. The Government of India has been steadily moving toward a "shared, connected and electric" mobility ecosystem to achieve its stated goals on emissions reductions, energy security and industrial development. It is doing so through wide-ranging policy and regulatory measures to encourage EV (Electric Vehicles) adoption, creation of public charging infrastructure and incentivizing domestic EV and battery manufacturing facilities. Nonetheless, from a market penetration perspective, as of 2021, India remains in its early phase of adoption, compared to its ambitious targets. So how to accelerate this transition and move from a 1% sale penetration to a 30% penetration faster what levers can the government at different levels activate to achieve higher levels of penetration considering the different business models at play what financial instruments to leverage As part of our cooperation with NITI Aayog, our World Bank and IFC team, together with Steer Group and UITP, outlined scenarios, identified measures and quantified the impact of such measures. This summary report presents the key findings of this work and identifies solutions to accelerate such uptake towards greener mobility.
Author: World Bank Group
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The deep economic transformation of India will be accompanied by rapid growth in passenger and freight demand and require a transition to more sustainable transport solutions. In this context, electric mobility (e-mobility) is anticipated to play a major role in India's transport transition during this decade. The Government of India has been steadily moving toward a "shared, connected and electric" mobility ecosystem to achieve its stated goals on emissions reductions, energy security and industrial development. It is doing so through wide-ranging policy and regulatory measures to encourage EV (Electric Vehicles) adoption, creation of public charging infrastructure and incentivizing domestic EV and battery manufacturing facilities. Nonetheless, from a market penetration perspective, as of 2021, India remains in its early phase of adoption, compared to its ambitious targets. So how to accelerate this transition and move from a 1% sale penetration to a 30% penetration faster what levers can the government at different levels activate to achieve higher levels of penetration considering the different business models at play what financial instruments to leverage As part of our cooperation with NITI Aayog, our World Bank and IFC team, together with Steer Group and UITP, outlined scenarios, identified measures and quantified the impact of such measures. This summary report presents the key findings of this work and identifies solutions to accelerate such uptake towards greener mobility.
Author: David Beeton
Publisher: Springer
ISBN: 3319122444
Category : Technology & Engineering
Languages : en
Pages : 247
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Book Description
This contributed volume collects insights from industry professionals, policy makers and researchers on new and profitable business models in the field of electric vehicles (EV) for the mass market. This book includes approaches that address the optimization of total cost of ownership. Moreover, it presents alternative models of ownership, financing and leasing. The editors present state-of-the-art insights from international experts, including real-world case studies. The volume has been edited in the framework of the International Energy Agency’s Implementing Agreement for Cooperation on Hybrid and Electric Vehicles (IA-HEV). The target audience primarily comprises practitioners and decision makers but the book may also be beneficial for research experts and graduate students.
Author: Dirk Fornahl
Publisher: Springer
ISBN: 3319242296
Category : Technology & Engineering
Languages : en
Pages : 219
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Book Description
This edited monograph collects theoretical, empirical and political contributions from different fields, focusing on the commercial launch of electric mobility, and intending to shed more light on the complexity of supply and demand. It is an ongoing discussion, both in the public as well as in academia, whether or not electric mobility is capable of gaining a considerable market share in the near future. The target audience primarily comprises researchers and practitioners in the field, but the book may also be beneficial for graduate students.
Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464819971
Category : Business & Economics
Languages : en
Pages : 146
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Book Description
To address the myriad challenges posed by global climate change, countries at all income levels have put in place a diverse set of policies over the past three decades. Many governments have already made significant progress in their efforts to decarbonize, creating a rich history of implementation experiences that provides important lessons for how to successfully advance climate policy goals in a variety of different economic, cultural, and political contexts. Despite this progress, the transition to a net zero future continues to face significant barriers, including the need for large investment, a lack of institutional capacity, and challenging political economy issues. Reality Check: Lessons from 25 Policies Advancing a Low-Carbon Future identifies key policy approaches that countries are taking to decarbonize their economies. The report classifies policies into five categories: • Planning for a future with zero net emissions • Getting the pricing and taxes right • Facilitating and triggering transitions in key systems, such as energy and food • Getting the finance flowing, particularly by incentivizing private sector investment • Ensuring a just transition that protects the poor. Reality Check: Lessons from 25 Policies Advancing a Low-Carbon Future fills a critical research gap by documenting low-carbon policy trends and providing a series of case studies across sectors and geographies. The 25 case studies furnish country contexts and policy details, examine results and impacts, and outline key takeaways and lessons learned for enabling further ambition in achieving emissions reductions. The report contributes to an evolving analytical agenda on how to reduce carbon emissions while achieving economic development and the strategic transition to a greener, more resilient, and more inclusive future.
Author: Fabian Hoeft
Publisher: GRIN Verlag
ISBN: 3346041980
Category : Business & Economics
Languages : en
Pages : 373
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Book Description
Master's Thesis from the year 2019 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Niederrhein University of Applied Sciences Krefeld (School of Business and Economics), language: English, abstract: Today's world of mobility is characterised by a high degree of dynamism and change is becoming apparent. Currently, around 45 million passenger cars with conventional combustion engines, powered by diesel or petrol, are registered in Germany. The share of electric vehicles is still well below one per cent. Nevertheless, the voices for sustainable and environmentally friendly transport are becoming louder. One political measure in this respect is the implementation of driving bans in major German cities for some conventional combustion cars. Car electrification is a solution for converting cars with conventional combustion engines to electric drives. In the context of this thesis, car electrification is regarded as a transition solution towards a nationwide electrified transport network of new electric cars. A comprehensive concept of a business model approach from a start-up perspective has been developed based on the analysis of the environment, industry, and customer needs. Analysing the structure of the electrical conversion industry revealed that the subject of car electrification is hardly widespread and that current suppliers have only converted a smaller number of cars. Besides the small scale of implementation, the operational execution by existing suppliers can be considered weak in terms of competitiveness and sustainability. The analysis of the needs of potential customers of car electrification using qualitative and quantitative methods has led to incredibly valuable insights for the development of the business model approach. A high openness to purchase was expressed, considering some of the factors mentioned, such as a test drive with an electrified car before purchase and a durability guarantee of the conversion. The high relevance of initial acquisition costs compared to operating expenses in the purchase decision for passenger cars is another precious insight. The business model approach developed based on the findings obtained differs fundamentally from the strategies of today's providers. By incorporating the existing infrastructure of workshops and service points, proximity to the end customer and scalability of the business operation can be achieved. Partnering with universities and industry are two critical elements in the development of a sustainable, secure, and user-friendly technical solution.
Author: Weltbankgruppe
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Governments, automotive manufacturers, energy companies, charging infrastructure operators, mobility service providers, technology providers and aggregators across the globe are preparing themselves for a rapid transition from conventional internal combustion engine (ICE) vehicles to electric mobility. Increasing from the current global sales of 2.1 million units in 2019, electric vehicles are expected to account for nearly 57 percent of all vehicle sales and over 30 percent of all vehicle fleet by 2040. International experience indicates that the key factors responsible for driving this transition are a) conducive policy and regulatory support across the electric mobility value chain, b) technological advancements (new and improved battery chemistries, automation in retail electricity business) and c) increased customer preference for green mobility options (influenced by rising fuel prices and concerns regarding local air pollution, climate change). An analysis was undertaken by the World Bank to review the development of e-mobility in India, identify remaining challenges and mitigation measures to support India's electric mobility vision. This report presents the findings of the analysis and lays out a set of recommendations for consideration by different stakeholders.
Author: Parag Diwan
Publisher:
ISBN: 9788194465966
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Explores the intricacies of the landscape of electric vehicles and electric vehicle charging infrastructure in India. Topics include low carbon footprint mobility, emerging EV battery technologies, operating principles of electric motors, the changes in electric drive train systems, and the establishment of an appropriate charging infrastructure.
Author: Nidhi Maheshwari
Publisher:
ISBN: 9781529759754
Category : Electric vehicles
Languages : en
Pages :
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Book Description
The introduction of electric vehicles (EVs) in India was an opportunity for the government to complement other sustainable initiatives. The government looked to EVs as a strategy for helping to resolve some of the country's environmental and economic issues related to oil dependency, pushing for a subsidy and tax rebate for buying EVs and seeking to reduce pollution and carbon emission through regulations. Mass adoption of EVs was a challenge among consumers due to the relatively higher price for EVs compared to autos with internal combustion engines. The unavailability of charging infrastructure and consumer fear of batteries running out of power in the middle of the road also contributed to wavering among potential customers.
Author: Mohua Mukherjee
Publisher:
ISBN: 9781784672003
Category :
Languages : en
Pages :
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Book Description
Around 99 per cent of vehicles running on India's roads are powered by internal combustion engines running on fossil fuels (petrol, diesel, and some CNG). The passenger car is still a largely aspirational product for around one hundred million newly middle-class Indians (20 million families). Given the current, still very low per capita car ownership in India of 22 per 1,000 citizens, compared to 980 in the US and 850 in the UK, it is an opportune time for India to embrace alternative sustainable mobility solutions for a green and prosperous future. This can only succeed if accessible and affordable solutions are available in adequate numbers. Also, given the segmented nature of the market and the different dynamics within each segment, government support could be better targeted. This effort has already started with the proposed interoperable and standardized light-vehicle battery, to promote greater affordability in the battery-swapping segment. Also, government incentives for increased localization of battery assembly, and eventually cell manufacturing, as well as continued public support for R&D to explore alternative battery chemistries, will all help to reduce costs. The real challenge for India lies in E2Ws and E3Ws, used by nearly 1 billion people in the country every day. Converting these vehicles to electric, making them affordable and convenient, and doing what it takes to turn E2Ws and E3Ws into the first preference over ICE vehicles when making a purchase decision, is what India should be supported and measured on. In India, the adoption of e-mobility through the individual purchase of EVs is not likely to happen very fast in the mass segment of the market, (180 million families or 900 million people) even for 2Ws with leased batteries, selling at a price point today of under $1,000. It is likely to require a few more years until battery prices come down to around half of what they are today. The important lesson for EV market players in India is that the cash flow patterns of the mass market segment, such as for example a delivery driver's daily or monthly income, do not allow the owner to pay the $800 battery cost upfront in addition to buying the body of the EV for another $800. Even the battery leasing option, amounting to an estimated $87 per month for a gig worker, is a financial stretch. This is extremely important in a low-income consumer market where high-cost products such as lithium-ion EV batteries are supposed to be adopted by consumers who are struggling financially. Despite the billions that the government has set aside to lower the upfront cost of entry, it appears that the product may still be out of reach for most of the budget market, until the battery costs and battery leasing costs fall further. India's ongoing attempts to standardize a subset of swappable batteries for the light-vehicle segment, to make them interoperable across multiple vehicle brands, are likely to increase affordability and create market confidence, as one type of battery becomes 'commoditized'.
Author:
Publisher:
ISBN: 9789290847939
Category :
Languages : en
Pages :
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Book Description
India has embarked on an ambitious path towards more sustainable mobility by promoting the electrification of its transport sector. The push for electric vehicles is driven by the global agenda established under the Paris Climate Agreement to reduce carbon emissions, and by the national agenda, which includes improvement of air quality in its urban areas, reduction of dependence on oil imports, and encouragement of the local EV manufacturing sector. The country has set a target of 30% electric vehicle sales across all vehicle types by 2030. To achieve this, NITI Aayog, with the support of select central ministries, has been serving as the nodal agency to develop the electric mobility plan for India. Although the e-mobility plan is established at central level, the onus is on the state governments, which have to develop policies and regulatory frameworks to enable the adoption of EVs and the deployment of charging infrastructure in their respective states.
