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SUSTAINABLE MOBILITY: THE FUTURE STARTS HERE.

The report published by International Energy Agency(IEA) on Global EV outlook(April 2013) enlighten us with some vital information. Electric Vehicle(EV) sales have doubled from 45000 to 113000 units between 2011 and 2012. Though the world is experiencing financial meltdown,

Electric vehicle stock across world
(image courtesy: IEA Global EV Outlook April 2013)
EV market is seeing spurt in sales.

The Figure shows the distribution of
EV stock across the world. It is evident from the illustration that India contributes only 0.8% of total EV stock which is dismal when compared to USA(38%), Japan(24%) or even our neighbor China(6.2%).

Sudden rise in enthusiasm towards EVs is due to a combination of factors:
Development of battery and drive train technology.
The countries across the world realised the importance of reducing their dependency on conventional resources.
The manufacturers realising the fact that future of automobiles lie in green technology and innovation.
Desire from the part of consumers to be environmental friendly.
Incentives from Governments across the world

In USA, China and all other parts of Europe,governments have introduced policy measures to incentivise manufacturers and consumers who are willing to switch to sustainable mobility. Here are some of the steps taken by different nations to fuel green technology.

USA
The government has put forward a target of 1 million EVs in USA by 2015. To attract buyers a rebate up to $ 7500 is provided. Moreover competitive grants will be provided to communities that invest in electric infrastructure. In 2012 budget USD 268 million is allocated for battery, fuel cell, vehicle systems and infrastructure and R&D.

AUSTRALIA
Electric vehicles exempted from the fuel consumption tax and monthly vehicle tax.

FINLAND
Electric vehicles pay a

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