International Journal of Management and Commerce

International Journal of Management and Commerce

Online ISSN: 2664-6854
Print ISSN: 2664-6846

International Journal of Management and Commerce
Online and Print Journal   |   Indexed Journal   |   Refereed Journal   |   Peer Reviewed Journal
International Journal of Management and Commerce
2019, Vol. 1, Issue 4
Road map for electric vehicle implementation in India

Sayandeep Chandra, Subhankar Mazumdar

Fossil fuel has dominated the energy sector and indispensable part of the energy mix for several decades and which has been recognized as the primary source of mobility as well as the feedstock for industrialization. But the growing environmental consciousness influence for the energy transition towards renewable and green energy. The concept of sustainable development coupled with the environment and economic blooming, co-supported by technological advancement in transition from the conventional fuel utilization to the renewable energy sources. Development of the electric vehicle plays significant role in global energy transition and sustainable development. Advancement of the electric vehicle is the juvenile stage and continuous innovations are adding value in the progress of this sector. Policies, framed by the governments of different countries, are designed with the objective to boost the entire value chain, from production to consumption. India, as highly dependent on the import of fossil fuel, dedicates a gravity towards the creation of the ecosystem for the electric vehicle implementation, nationwide, in order to mitigate the pollution challenges. In contrary to global development, India lags far behind and to a bridge the gap, the existing policies are required to be remodified in terms of a global perspective as well as the consumer car purchasing behaviour.
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