Report provides a comprehensive assessment of current challenges and strategic recommendations needed to accelerate transition to electric mobility.

Challenges highlighted by report:

• Challenges of financing vehicles, especially electric buses and electric trucks 
• Inadequacy of charging facilities and low utilization of existing public charging facilities 
• Lack of adequate awareness regarding EV performance among public and private stakeholders
• Inadequate data and regulatory gaps hinder evidence-based decision making

Recommendations of report:

• Shift from Incentives to Mandates: Target timelines for zero emission vehicle adoption, disincentivizing internal combustion engine vehicles and expanding corporate average fuel efficiency (CAFÉ) norms.
• Financing: Offer lower interest loans for e-bus and e-truck procurement. Also explore battery leasing and vehicle leasing industries to convert high capital costs into operating costs.
• Saturation in Limited Geographies: Design programs to achieve 100% electrification of transport systems in few cities, then scale up to more cities
• Other: Scale up Research & Development, identify strategic charging hub locations, and facilitate private charge point operators etc.