International Journal of Social Science & Economic Research
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Title:
AN ANALYSIS TO UNDERSTAND THE IMPACT OF ELECTRIC VEHICLES TREND TO INDIAN ECONOMY TILL 2025

Authors:
Gunnika Arora

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Gunnika Arora
Heritage Xperiential Learning School, Gurgaon 2604

MLA 8
Arora, Gunnika. "AN ANALYSIS TO UNDERSTAND THE IMPACT OF ELECTRIC VEHICLES TREND TO INDIAN ECONOMY TILL 2025." Int. j. of Social Science and Economic Research, vol. 7, no. 8, Aug. 2022, pp. 2604-2618, doi.org/10.46609/IJSSER.2022.v07i08.018. Accessed Aug. 2022.
APA 6
Arora, G. (2022, August). AN ANALYSIS TO UNDERSTAND THE IMPACT OF ELECTRIC VEHICLES TREND TO INDIAN ECONOMY TILL 2025. Int. j. of Social Science and Economic Research, 7(8), 2604-2618. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i08.018
Chicago
Arora, Gunnika. "AN ANALYSIS TO UNDERSTAND THE IMPACT OF ELECTRIC VEHICLES TREND TO INDIAN ECONOMY TILL 2025." Int. j. of Social Science and Economic Research 7, no. 8 (August 2022), 2604-2618. Accessed August, 2022. https://doi.org/10.46609/IJSSER.2022.v07i08.018.

References

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ABSTRACT:
Introduction - With the contemporary accelerating price of petrol vehicles and adverse impact on air pollution, the government of India has taken initiative measures to mitigate or control the growth of internal combustion engine related vehicles and promote alternative technology based on advanced approach light electric vehicles.
Objective - The motive of the paper is to analyse the impact of the electronic vehicle and its trend on the Indian economy till 2025. Moreover, the paper also identifies the comparison of the total cost of the electric vehicle with the conventional transportation system.
Methodology - The paper uses the qualitative approach where it uses for collecting secondary data, that exclusively explores through the existing studies. In this study, the selection of the paper for exploring the knowledge covers from two decades 2000 to 2022.
Results - The finding evaluated that an electronic vehicle has ample potential capability to uplift the Indian economy by numerous affecting factors like it exclusively reducing the dependency on crude oil, environmental flourishment, convenient and cost-effective mode of transportation, employment opportunities, startup initiatives, India can become the EV hub and among others.

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