Ola Mobility Institute (OMI) Foundation, a policy research and social innovation think tank, has launched the EV-Ready India Dashboard (evreadyindia.org), aiming to provide essential macroeconomic data and analysis for India's electric mobility sector. The dashboard was inaugurated by R.K. Singh, Union Minister of Power, New and Renewable Energy in the Government of India.
R.K. Singh, at the launch of the EV-Ready India Dashboard, expressed confidence in India exceeding its target of achieving 50% energy production from non-fossil fuels by 2030. He emphasized the critical role of electric vehicles (EVs) in reducing energy dependence and addressing environmental concerns. He believes that as the number of EVs on Indian roads increases, India will emerge as a leader in climate change mitigation.
According to OMI, this dashboard is a unique platform in India that compiles sales data from all Vahan states and Telangana. It offers insights into the state of charging infrastructure, demand trends, and total cost of ownership (TCO) comparisons, making it a valuable resource for EV buyers. Furthermore, the dashboard tracks the current investment climate for EVs and provides market growth forecasts and identifies EV hotspots in the country. It also measures emissions avoided to accelerate India's journey toward achieving net-zero emissions.
The dashboard predicts over 1.6 crore annual EV deployments in India by 2030 and highlights that Maharashtra and Delhi have the highest number of charging stations in the country, with 2,531 and 1,815 stations, respectively.
During the launch, Amitabh Kant, G20 Sherpa for the Government of India, emphasized the importance of recognizing that electric mobility primarily unfolds at the state level. The dashboard offers comprehensive, state-specific insights to empower policymakers in making informed decisions and advancing India's position as a global EV leader. Expanding charging infrastructure to meet rising demand is considered a crucial aspect of the EV transition.
OMI Foundation identified Tamil Nadu as the hub for manufacturing electric two-wheelers (E2W), Telangana leads in electric three-wheeler (E3W) manufacturing, Maharashtra in electric four-wheeler (E4W) manufacturing, Gujarat in battery manufacturing, and Karnataka in research and development (R&D) in the EV sector.
Chandigarh boasts the lowest public charging supply tariff at Rs 3.6 per kWh, which is 73% lower than the national average of Rs 13.74 per kWh. Additionally, India has avoided an estimated 5.18 million tonnes of CO2 emissions in 2023, equivalent to 85.47 million tree seedlings covering an area twice the size of the cumulative area of the Lakshadweep islands, as per the foundation's findings.
Aishwarya Raman, Executive Director of the OMI Foundation, emphasized that the platform aims to enhance knowledge, encourage collaboration across the ecosystem, and support effective policy-making. It is their contribution towards establishing India as a leader in sustainable mobility.
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