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  • Writer's pictureGian Sharma

The pace of electric vehicle (EV) adoption in India is far exceeding expectations.

That's great to hear! The adoption of electric vehicles (EVs) in India is indeed an exciting development because of following.

  1. FAME India: The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme was launched in 2015 to provide financial incentives to buyers of EVs and promote their manufacturing in India.

  2. Incentives and subsidies: The government had offered subsidies and tax benefits to make EVs more affordable for consumers. These incentives aimed to bridge the price gap between electric and conventional vehicles.

  3. Charging infrastructure: The government had been actively working on establishing a robust charging infrastructure network across the country. This included setting up charging stations at public places, residential complexes, and along highways.

  4. Public transportation electrification: There were efforts to promote the adoption of electric buses and two-wheelers for public transportation. Several cities had started introducing electric buses into their public transport fleets.

  5. Manufacturing and investment: The government had encouraged domestic and foreign manufacturers to set up EV manufacturing units in India. This was aimed at boosting local production and creating employment opportunities in the EV sector.

It's possible that since my knowledge cutoff, the adoption of EVs in India has indeed accelerated at a faster pace. Factors such as decreasing battery costs, increased vehicle options, and growing awareness about the environmental benefits of EVs could contribute to this trend. Additionally, the Indian government's continued focus on promoting electric mobility is likely to have a positive impact.

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