Environmental Impact and Cost effectiveness of Electric Vehicle subsidy in India

Harikumar Aravind, Thakur Palak
Journal of Resources, Energy and Development, Vol. 16 (2):55-66p.
2020

This paper quantifies environmental impact of Electric Vehicle subsidies on vehicular emissions and evaluates effectiveness of subsidy allocation to different vehicular segments (two wheeler, three wheeler, four wheeler and buses) .It is found that most amount of subsidy is allocated for the least environmentally cost effective vehicular segment, buses. That is, most amount of funds are allocated for marginally improving efficiency of the most efficient vehicle segment (buses). We emphasize evaluation in terms of emissions per passenger kilometer instead of emissions per vehicle kilometer for prioritizing vehicle segments for clean technology shifts. The paper recommends higher subsidy allocation for electric two and three wheeler segments to improve overall environmental impact of the subsidy scheme, market visibility of Electric Vehicles and economic savings for users.

Region
Tags
Electric vehicles
Carbon emissions
Sustainable mobility
Vehicular emission
This block is broken or missing. You may be missing content or you might need to enable the original module.