Key findings of the study:
- Despite fewer components needed for producing an electric car, the indigenization of electric powertrain and battery pack assembly will result in a 5.7% higher value-addition for the auto-industry in case of a 30% penetration of electric cars in new sales when compared to BAU in 2030.
- Given the lower job intensity associated with electric car manufacturing, about 20% to 25% fewer jobs will be created in a 30% electric car sales scenario depending on the level of indigenization.
- We further map the EV ecosystem that needs to develop in India and present EV stakeholders' views on policy, finance and supply chain barriers that they face.
Policy & Regulatory Advocacy
