Implementation of electric vehicles in the indian market an analysis of challenges and opportunities

The transition to electric vehicles (EVs) represents a significant step towards reducing carbon emissions and fostering sustainable mobility in India. This paper analyzes the challenges and opportunities associated with implementing EVs in the Indian market. While government initiatives, such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, provide subsidies and policy support, multiple obstacles remain, including high initial costs, limited charging infrastructure, and a dependency on imported battery materials. Additionally, India’s electricity grid faces potential strains with increased EV adoption, further complicating the infrastructure requirements for widespread use. This paper summaries the both sides of the EV implementation landscape in India, providing a comprehensive view of the pathways for overcoming challenges and capitalizing on emerging opportunities. Key recommendations include strengthening policy support, accelerating infrastructure development, and investing in local manufacturing and research. By addressing these factors, India can establish a robust EV market, contributing to its climate goals and economic growth.