EV-Ready India Dashboard Launched to Accelerate Electric Vehicle Adoption

• 17 Oct 2023

On 16^th October, 2023, Union Minister for Power and New & Renewable Energy inaugurated the EV-Ready India Dashboard, a digital platform developed by the OMI Foundation.

Key Points

• Introduction of EV-Ready India Dashboard: The dashboard, developed by OMI Foundation, leverages data and AI to address the growing electric mobility sector's need for macroeconomic data and analysis.
• Forecasts for Electric Vehicle Growth: The dashboard's forecasts indicate a Compounded Annual Growth Rate (CAGR) of 45.5% for electric vehicles in India between 2022 and 2030.
• Dashboard Features and Insights: The EV-Ready India Dashboard offers comprehensive insights into electric mobility, including state-specific data, charging infrastructure details, cost savings for EV buyers, and policy information.
• It provides forecasts on electric vehicle adoption and tracks emissions reduction, supporting India's journey towards a net-zero emissions future.
• Positive Impact on the Environment: The dashboard estimates that India has avoided approximately 5.18 million tonnes of CO2 emissions in 2023, equivalent to planting 85.47 million tree seedlings.
• This reflects the positive impact of electric vehicle adoption on the environment and the reduction of carbon emissions.
• Key Features of the EV-Ready India Dashboard: Sales data across Indian states and territories, forecasts on EV adoption, financial benefits of EV ownership, policy repository, charging infrastructure details, investment tracking, and emissions reduction measurement.