Assessing the Impact and Cost-Effectiveness of Electric Vehicle Subsidy in India

Article type: Research Article

Authors: Harikumar, Aravind^{a; *} | Thakur, Palak^a

Affiliations: [a] The Energy and Resources Institute (TERI), New Delhi, India

Correspondence: [*] Corresponding author: [email protected]

Abstract: The paper assesses the potential impact of the national electric vehicle (EV) subsidy scheme and the cost-effectiveness of the allocation of the subsidy for different vehicular segments in reducing carbon dioxide equivalent emissions. The results show that even though the impacts are positive, most of the allocated subsidy is spent on switching the most-efficient mode into electric.

Keywords: Electric vehicles, Subsidy, Cost-effectiveness, Carbon emissions, E-mobility, Sustainable mobility

DOI: 10.3233/RED-160202

Journal: Journal of Resources, Energy and Development, vol. 16, no. 2, pp. 55-66, 2019