India's dream of an all-EV fleet by 2030: MYTH, MIRACLE, OR REALITY?
- Magazine Article
India currently is the fourth-largest passenger-vehicle market in the world, with 3.04 million vehicles sold in 2016-2017 and a car parc of 25.9 million. Annual sales are projected to grow to 5 million by 2020.
Starting in April 2017, India successfully shifted to the new BS IV emission standards for all the vehicles nationwide-including a world-leading emissions standard for 2-wheelers. As committed to in the Paris Agreement, the Indian government has challenged the country's automotive OEMs to comply with BS VI (starting in April 2020) by leapfrogging from BS IV and completely skipping BS V. Indian OEMs also are working towards the National Electric Mobility Mission Plan (NEMMP) 2020 to reduce vehicular emissions and achieve new EV targets by 2020.