Future of mobility: moving the electric way

Abstract

India consists of 26 of the world’s 50 most polluted cities1, and one of the leading contributors of that is carbon emissions due to road transport. With Indian economy rising at a rapid rate, there is a large wave of urbanization. While this has increased employment opportunities for the rural population, it has put pressure on infrastructure leading to environmental issues. According to the 2011 census, approximately 30% of Indians are based in cities. By 2030 that number would be 40%, and rise to 50% by 2050 (Mckinsey April 2010). Since the rate of urbanization in India is expected to increase substantially, the adoption of zero emission vehicles in India at this stage can have substantial impact on climate change. The uptake of zero-emission vehicles and renewable energy in a country as large as ours would lead to massive reduction in carbon levels worldwide. Heavy migration to cities and urban areas would make India a mass market opportunity for the EV industry. These opportunities can be linked largely to India’s commitment to cutting its Greenhouse gas discharge by over 30% within a decade (Paris Agreement climate commitment).