1、Electric Vehicles in IndiaUnlocking a$200 Billion Opportunity:UNLOCKING A$200 BILLION OPPORTUNITY:ELECTRIC VEHICLES IN INDIACopyright NITI Aayog,2025Published:August 2025NITI AAYOGGovernment of IndiaSansad Marg,New Delhi-110001,IndiaElectric Vehicles in IndiaUnlocking a$200 Billion Opportunity:FOREW
2、ORD 1FOREWORD 2ACKNOWLEDGEMENTSThis report was prepared by a team comprising:Shri BVR Subrahmanyam,CEO,NITI Aayog Dr O.P.Agarwal,Distinguished Fellow,NITI Aayog Shri Sudhendu J.Sinha,Programme Director(E-Mobility),NITI Aayog Shri Amit Kumar Yadav,Consultant,NITI Aayog Shri Amarjeet Singh,Consultant,
3、NITI Aayog Shri Gaurav Nemade,Young Professional,NITI Aayog Shri Anuraag Nallapaneni,WRI India Shri Shrey Sanghavi,WRI IndiaThe team would like to thank Shri Rajiv Gauba,Member NITI Aayog for his guidance and suggestions in the preparation of the report.The team would like to thank all the participa
4、nts at the seven consultation workshops held in February 2025.The suggestions received from the participants at these meetings was extremely useful in formulating the recommendations contained in this report.The team would also like to thank many of the participants who took the trouble of sending w
5、ritten submissions following the meetings.The team would like to recognise the support it received from the larger WRI India team,ICCT India,Laghu Parashar of the World Bank,Mahua Acharya,ex-CEO of CESL and several others who were consulted individually.Their suggestions were extremely useful.The te
6、am also acknowledges the support from the United Nations Environment Program(UNEP)and the Global Environmental Facility(GEF).Finally,the team would also like to thank Ms Keerti Tiwari,and her team,for their excellent work in designing the final version of this report.TABLE OFCONTENTSExecutive Summar
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