India can become global hotspot for electric mobility but adoption slow: Report

New Delhi: India has the potential to become one of the largest electric vehicle (EV) markets in the world following a push from its government, according to a report released on Thursday by the World Economic Forum (WEF) and the Ola Mobility Institute.

The report said electric mobility holds tremendous promise for India, a global big four producer (besides China, Japan and the US), to curb pollution and reduce reliance on import of fossil fuel.

In this regard, 10 states and union territories (UT) are leading the way in building production, infrastructure and services to increase the momentum of EV usage in India.