With the advent of Electric Vehicles, the global Automotive Industry is set to experience one of the biggest transformations. In line with the global developments, the Government of India has also formulated a vision for increasing EV penetration in India. It is essential for players in the industry to deeply dive into the changes that this vision brings with itself so as to be able to navigate the challenges and capitalise on the opportunities offered.In this paper, we have detailed out the 3Cs of Consumer Acceptance, Cost Reduction & ChargingInfrastructure needed for achieving the vision as well as the global learnings from countries working to satisfy the 3Cs. The paper further elaborates the peculiarities of the EV ecosystem in India along all aspects in the EV Value Chain along with a set of policy recommendations detailed out.
