Economic Impact of Electric Vehicles In India

Author(s)	Dr. Runa Paul
Country	India
Abstract	Conventional fuel-based vehicles are one of the major sources of greenhouse gas emissions. Transport sector, therefore, has a huge negative impact on the environment. Electric vehicles (EVs) are perceived as highly promising innovations in environmentally conscious transportation solutions to address pollution and energy demand in the transport sector. The sensitivity analysis presents that due to differences in fuel prices, tax structure and subsidy rates, there is a high disparity in cost-effectiveness of electric scooter ownership. This paper has been divided in three sections section I briefly introduces electric vehicle and their importance , section II highlights the impact of electric vehicle in Indian Economy and section states the conclusion with the future of Electric Vehicle in India. Section III states the major hurdles in evolving electric vehicles in India. Section IV is the last section stating the conclusion of the paper.
Keywords	Electric Vehicle, Promising , Energy , Cost-effectiveness
Field	Sociology > Economics
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-30
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.64730

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