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Strategy for states to prepare and tune their EV policies

Transition to green mobility is quickly picking up and with the rapid decline in battery prices in the last decade from 1,000 $/kWh to 150 $/kWh (Expected to cost 100$/kWh by 2026) the Total Cost of ownership (TCO) of Electric Vehicles (EV) has become favourable compared to Internal Combustion Engines (ICE) in many segments (TCO for EV better than CNG vehicle in entry level Sedan segment for daily run of>180kms, a recent study by A.T.Kearney)

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