Is India’s auto industry ready to go electric? 13.05.2022

Deutsche Welle | May 13, 2022 at 2:00 AM
  • India’s manufacturing of fuel cell electric vehicles (FCEVs) has kicked off with several automakers rolling out electric cars at a rapid pace.
  • The Bureau of Energy Efficiency estimates that, if India were to follow the current trends of energy consumption, it would require an estimated 200 MTOE of energy supply annually by 2030 to meet demand.
  • The Indian government introduced its Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME) program as well as several supply- and demand-side incentives to facilitate the switch to EVs.