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

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  • Kumar, Ravi
  • Lamba, Kuldeep
  • Raman, Avinash

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.

Suggested Citation

  • Kumar, Ravi & Lamba, Kuldeep & Raman, Avinash, 2021. "Role of zero emission vehicles in sustainable transformation of the Indian automobile industry," Research in Transportation Economics, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:retrec:v:90:y:2021:i:c:s0739885921000366
    DOI: 10.1016/j.retrec.2021.101064
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    References listed on IDEAS

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    4. Eachempati, Prajwal & Srivastava, Praveen Ranjan & Kumar, Ajay & Muñoz de Prat, Javier & Delen, Dursun, 2022. "Can customer sentiment impact firm value? An integrated text mining approach," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

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