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India’s EV ecosystem drew Rs 2.23 lakh crore in five years. Electricity is still 1% of road transport energy.

India's electric vehicle (EV) ecosystem attracted an investment of Rs 2.23 lakh crore over five years. However, electricity still accounts for only 1% of the energy used in road transport, indicating a significant gap in the transition to electric mobility. The article argues for the implementation of a mandatory Zero Emission Vehicle (ZEV) sales target to accelerate this transition, highlighting the need for a shift from subsidy-led models to more sustainable policies. This is crucial for India's environmental goals and energy security.

Source: Down To Earth. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.