Self-Reliance in the Electric Vehicle Ecosystem in India: The Path to Aatmanirbhartha
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Abstract
Environmental pollution is currently a paramount global concern. In recent years, governments worldwide have shifted their focus towards developing the electric vehicle (EV) ecosystem in emerging economies to mitigate harm to the natural environment. This paper centers on examining India's EV ecosystem. The research reveals that while EV sales are experiencing triple-digit growth, the establishment of a robust support infrastructure lags behind. Notably, the ratio of public charging stations to EVs sold in India is significantly inadequate. To emerge as a leader in the EV industry, India must invest in cutting-edge technologies such as lithium cell manufacturing and fast charging infrastructure. Additionally, prioritizing research and development (R&D) is imperative for achieving self-reliance Aatmanirbhar in the EV ecosystem.
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