India's road transport sector has a substantial impact on air pollution levels. As India aims to achieve net-zero emissions, it becomes crucial for the country to shift towards clean fuel technologies. To effectively support this transition, a comprehensive set of technologies, strategies, and policies are required. CSTEP, through its meticulous technical and policy research, actively develops evidence-based strategies to facilitate clean air for all.
Revving Up Revenue: Making Affordable Public EV Charging Viable
The electric vehicle (EV) segment in India has witnessed a phenomenal growth in the last few years. More than 1 million EVs were sold in FY23 alone, and this segment grew by a whopping 154% year-over-year. For this momentum to persist, the country’s EV charging infrastructure needs to grow at a rapid pace.
PRESS RELEASE - Bengaluru 2030: Impact of EVs on Vehicular Emissions
The on-road vehicle stock in Bengaluru is expected to grow by 1.5 times, with the total vehicular population projected to increase from 5.7M to 8.9M by 2030. Of note, the city’s electric vehicle (EV) fleet is projected to grow from 75,000 to 2.3M, with the most significant increase in the number of two wheelers, followed by three and four wheelers.