The REmobility project is a regional collaboration of forward-looking businesses working together to decarbonize road transport and reduce air pollution in India by accelerating electric vehicle adoption. The collaboration engages companies from the EV supply system as well as business and fleet operators. Together, they represent a mobility demand of over eight billion kilometers annually. See more of our work in India.
Road transport is one of the fastest growing sources of carbon emissions, and India is home to 22 of the world’s 30 most polluted cities. It is also the fourth largest automobile market, and set to procure much of its vehicle fleet in the coming decade. A slow transition to electric vehicles could mean thousands more internal combustion engine vehicles on Indian roads. The speed of adopting zero-emission vehicles and renewable energy in a large country like India can have a meaningful impact on global decarbonization efforts.
On a total cost of ownership basis, EVs are already economically viable today if they are highly used. Business and commercial fleet operators often have high vehicle utilization, making them ideal candidates for early adoption. Apart from savings in operational costs, companies adopting EVs can also benefit by reducing measurable emissions, improving employee and customer value and meeting regulatory compliance. Businesses are well placed to bridge the gap between initial government adoption and the subsequent mass adoption of EVs in India.
The engagement platform has identified employee transport, ride-hailing and deliveries and freight as three key use-cases for EVs that present opportunities for businesses to accelerate adoption. To facilitate the adoption, REmobility aims to co-create the following set of deliverables: