NITI Aayog and Technology Information, Forecasting and Assessment Council (TIFAC) have released a report titled \u2018Forecasting Penetration of Electric Two-Wheelers in India\u2019.<\/span><\/p>\n Note<\/b>: TIFAC is an autonomous organization set up in 1988 under the Department of Science & Technology to look ahead in the technology domain, assess the technology trajectories and support innovation.<\/span><\/p>\n Eight Scenarios:<\/b> The report has predicted eight scenarios for analyzing the future penetration of electric two-wheelers in the country. These are Performance Driven, Low Battery Cost, Technology Driven, Incentive Driven, and Optimistic among others.<\/span><\/p>\n \u2013 In an optimistic scenario, the report forecasts 100% penetration of electric two-wheelers in the Indian market by FY 2026\u201327.\u00a0<\/span><\/p>\n \u2013 In technology-driven scenarios, where current incentives are withdrawn by 2024, the report predicts 72% penetration by 2031.<\/span><\/p>\n Constraints: <\/b>The report has also identified four broad constraints for the eight scenarios in terms of installed vehicle manufacturing capacity and available charging infrastructure: (1)<\/strong> full constraint (where both vehicle production and charging infrastructure are constraints), (2)<\/strong> production constraint (where only vehicle production is a constraint), (3)<\/strong> charge constraint (where only the charging infrastructure is a constraint) and (4)<\/strong> no constraint.<\/span><\/p>\n Other observations made by the report:<\/b> The recent petrol hike and \u2018positive mindset\u2019 about EVs could also play a pivotal role in the switch to EVs.\u00a0<\/span><\/p>\n \u2013 However, higher battery costs and higher dependency on exports for EV components and subsystems may affect domestic manufacturing capabilities and other policy-related measures. <\/span><\/p>\n — Further, the report has also called on the stakeholders to increase the penetration of charging points across <\/span>the country and said that the safety of EVs will be an important issue for the widespread adoption of EVs.<\/span><\/p>\n Source: <\/b>The post is based on the article<\/span> \u201c<\/b>NITI Aayog and TIFAC Launch Report on Future Penetration of Electric Two-Wheelers in the Indian Market<\/b>\u201d<\/b> published in <\/span>PIB <\/b>on 29th June 2022<\/b><\/p>\n","protected":false},"excerpt":{"rendered":" What is the News? NITI Aayog and Technology Information, Forecasting and Assessment Council (TIFAC) have released a report titled \u2018Forecasting Penetration of Electric Two-Wheelers in India\u2019. Note: TIFAC is an autonomous organization set up in 1988 under the Department of Science & Technology to look ahead in the technology domain, assess the technology trajectories and… Continue reading NITI Aayog and TIFAC Launch Report on Future Penetration of Electric Two-Wheelers in the Indian Market<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1738,1305,9],"tags":[3590],"class_list":["post-193235","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-science-and-technology-daily-factly-articles","category-index-reports-bodies","category-public","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/193235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=193235"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/193235\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=193235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=193235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=193235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What are the key findings of the report?<\/b><\/h5>\n