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India2022-05en

Promoting Clean Energy Usage Through Accelerated Localization of E-Mobility Value Chain

Summary

India faces the challenge of accelerating clean energy adoption through electric vehicles, but structural gaps persist in localizing the e-mobility value chain, particularly for critical components like battery cells and charging infrastructure. The government is addressing this through initiatives like Production-linked Incentive (PLI) schemes and a Phased Manufacturing Program (PMP) while simultaneously conducting detailed analyses to identify and propose reforms for specific localization challenges. This comprehensive effort is currently in progress, with ambitious targets to significantly increase EV adoption and local manufacturing capabilities by 2030.

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