NITI Aayog Unveils $200 Billion Electric Vehicle Opportunity Report and India Electric Mobility Index

📰 IN NEWS – NITI Aayog Releases EV Report and India Electric Mobility Index (IEMI)

✅ Why in News?

On August 6, 2025, NITI Aayog released:

1. A report titled "Unlocking a 200 Billion Dollar Opportunity: Electric Vehicles in India"
2. The first edition of the India Electric Mobility Index (IEMI) in New Delhi.

📘 Key Highlights of the Report:

• Vision:
  Move from incentives to mandates and disincentives to accelerate EV adoption.
• Focus Areas:
  • Prioritise high-potential vehicle segments (e.g., 2-wheelers, 3-wheelers, electric trucks, buses).
  • Identify high-impact geographies for faster EV penetration.
  • Address financing gaps, especially for electric buses and trucks, which face high initial costs.
• Emphasis on policy innovation, public-private collaboration, and localized EV solutions.

📊 India Electric Mobility Index (IEMI) – First Edition

• Objective:
  Evaluate and rank States & Union Territories on EV readiness.
• Structure:
  Scored out of 100 across 16 indicators under 3 Core Themes:
  1. Transport Electrification Progress
     • Captures demand-side adoption of EVs.
  2. Charging Infrastructure Readiness
     • Tracks growth of charging networks and allied infrastructure.
  3. EV Research & Innovation Status
     • Measures state-level innovation, R&D, and skill development in the EV sector.
       
       Updated: August 4, 2025 | 7:36 PM
       Source: NewsOnAir