Study of EV policy ecosystem for green automobile industry in India

Authors

  • Dr. Pankaj Gupta Associate professor, Department of Commerce, JV Jain college, Saharanpur
  • Mrs. Pooja Vidyarthee Research Scholar, Ch. Charan Singh University, Meerut

Keywords:

Green Automobie, notwithstanding, commitments

Abstract

The acceptance of EVs in India is predicted to offer multifarious advantages for the nation, such as decreasing pollution levels, boosting energy security with better balance-of-trade levels, and achieving global climate-change obligations. The increasing adoption of EVs may lower CO2 emissions by 37 percent. It might also help restrict India’s dependency on oil imports and decrease its large import expenses. India’s dependency on oil imports is severe, at roughly 85 percent (as of FY19) while the previous import bill (FY20) was at a startling US$102 billion notwithstanding a fall in crude-oil prices in the later part of FY20. Enhanced EV implementation will also enable India to fulfil the global commitments it has made to lower carbon emissions and increase cleaner sources of energy and transportation, including the Nationally Determined Contributions (NDCs) under the United Nations Framework Convention on Climate Change.

References

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Published

30-09-2020

How to Cite

Dr. Pankaj Gupta, & Mrs. Pooja Vidyarthee. (2020). Study of EV policy ecosystem for green automobile industry in India. International Journal for Research Publication and Seminar, 11(3), 202–207. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/1181

Issue

Vol. 11 No. 3 (2020): july-sept

Section

Original Research Article

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Copyright (c) 2020 International Journal for Research Publication and Seminar

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