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DRIVING TOWARDS A 'GREEN' FUTURE, TOGETHER

The Machinist

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April 2023

Government, Consumers, and Manufacturers Collaborate for EV Adoption in India

- Aakash Minda

DRIVING TOWARDS A 'GREEN' FUTURE, TOGETHER

The Green Revolution in the 1960s was a significant event that shaped the destiny of millions of Indians through technology and innovation. A natural shapeshifter, technology is rewriting the history again. It is causing a similar disruptive revolution in the mobility sector. The current green mobility revolution has the potential to transform transportation and mitigate the impacts of climate change by reducing dependence on fossil fuels.

India is currently experiencing significant changes in its mobility landscape as it strives to become a leader in climate change mitigation efforts. As one of the world's fastest-growing economies, the country is committed to addressing the challenges posed by climate change and rapid urbanization by transitioning towards sustainable mobility.

We were ranked as one of the high performing countries for our climate change performance during the COP27 conference held last year. This commitment to shaping a sustainable future is evident through the favourable policy environment, incentives, and mobilized stakeholders driving the adoption of electric vehicles (EVs) in the country. India has the potential to become a global green mobility hub and is working towards faster adoption and transition.

However, there is still a long way to go, and it is necessary for OEMs, auto component manufacturers, and consumers to collaborate and accelerate the adoption of EVs to make this transition successful.

There are several factors that will facilitate the transition towards sustainable mobility in India. Let us take a look.

GOVERNMENT INITIATIVES BOOSTING EV ADOPTION Multiple initiatives undertaken by the government and push to boost adoption across multi-layered mobility ecosystem is laudable.

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