Role of zero emission vehicles in sustainable transformation of the Indian automobile industry

Ravi Kumar, Kuldeep Lamba and Avinash Raman

Research in Transportation Economics, 2021, vol. 90, issue C

Abstract: The Indian automobile industry is growing rapidly; however, it is predominantly served by internal combustion engine vehicles (ICEVs). The ICEVs are the primary source of urban pollution and greenhouse gas (GHG) emissions. The alarming levels of urban pollution are putting enormous pressure on the Indian automobile industry to switch from ICEVs to zero emission vehicles such as electric vehicles (EVs). Even though the potential of EVs as a safe transportation alternative has been acknowledged and encouraged by Indian government, the commercialization of EVs has not received the desired success as of now. There are many hindrances to large-scale adoption of EVs such as high initial price, driving range anxiety, lack of proper charging infrastructure, and underdeveloped battery technology etc. This study aims to evaluate the conducive factors for EV adoption and completes in three phases. In the first phase, supporting forces to EV adoption in India are explored using political, economic, social, technological, environmental, and legal (PESTEL) analysis, and capability needs for EV manufacturing business in India are identified in phase two using the people, process, technology, and finance (PPTF) framework. Finally, segment analysis is performed to find out the most profitable segment to foray into the current situation.

Keywords: Electric vehicles; Sustainability; Automobile; PESTEL; PPTF; Diversification (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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DOI: 10.1016/j.retrec.2021.101064

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