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India2023-02en

FORECASTING PENETRATION OF ELECTRIC TWO-WHEELERS IN INDIA A BOTTOM-UP ANALYSIS

Summary

India faces challenges with high petroleum imports and environmental concerns, making a shift to electric mobility crucial, especially in the dominant two-wheeler segment. To address this, NITI Aayog and TIFAC developed an Agent-based model to forecast electric two-wheeler penetration, considering various factors like consumer preferences, technology, and policy. The report details multiple scenarios to aid policymakers in planning future infrastructure and manufacturing capabilities.

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