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NITI Aayog unveils $200 Billion Electric Vehicle Opportunity Report and India Electric Mobility Index | Current Affairs | Vision IAS
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NITI Aayog unveils $200 Billion Electric Vehicle Opportunity Report and India Electric Mobility Index

Posted 05 Aug 2025

2 min read

Report provides a comprehensive assessment of current challenges and strategic recommendations needed to accelerate transition to electric mobility.

Challenges highlighted by report:

  • Challenges of financing vehicles, especially electric buses and electric trucks 
  • Inadequacy of charging facilities and low utilization of existing public charging facilities 
  • Lack of adequate awareness regarding EV performance among public and private stakeholders
  • Inadequate data and regulatory gaps hinder evidence-based decision making

Recommendations of report:

  • Shift from Incentives to Mandates: Target timelines for zero emission vehicle adoption, disincentivizing internal combustion engine vehicles and expanding corporate average fuel efficiency (CAFÉ) norms.
  • Financing: Offer lower interest loans for e-bus and e-truck procurement. Also explore battery leasing and vehicle leasing industries to convert high capital costs into operating costs.
  • Saturation in Limited Geographies: Design programs to achieve 100% electrification of transport systems in few cities, then scale up to more cities
  • Other: Scale up Research & Development, identify strategic charging hub locations, and facilitate private charge point operators etc.

About India Electric Mobility Index (IEMI)

  • Pioneering tool by NITI Aayog in partnership with World Resource Institute India to benchmark states' EV progress. 
  • It assesses 16 indicators across three core themes, each with a specific weight, scored out of 100:
    • Transport Electrification Progress (50% weight): Focuses on demand-side EV adoption.
    • Charging Infrastructure Readiness (30% weight): Assesses infrastructure development
    • EV Research and Innovation Status (20% weight)
  • Tags :
  • NITI Aaayog
  • IMEI
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