Challenges to Electric Vehicle Forecasting and Implementation in India
5 Pages Posted: 24 Apr 2020
Date Written: January 19, 2020
With India being one of the most populous countries in the world, Road Transportation is a significant mode of commutation, and the majority of the market is dominated by gasoline and diesel vehicles. With the world moving towards a sustainable future, adequate focus should be given to electric cars. Vehicles running on variations of lithium-ion batteries are a safer bet to a sustainable future as compared to internal combustion engine vehicles. However, electric vehicles do not occupy a consistent market share globally. That is why forecasting of electric vehicles is a critical task.With the onset of technological advancements, many studies have been conducted bearing fruitful results. This paper attempts to identify all the factors that will play a vital role in the forecasting of EV sales in India.
Keywords: Electric Vehicles, Forecasting, Challenges
Suggested Citation: Suggested Citation