At the #TERIIHCSeries, we agreed EVs are good for the environment, our health, and for India's atma-nirbharta. But why isn't the J-curve happening already? Why aren't fleets and drivers queueing up in the EV lines? Why are they still buy the good old diesel or CNG cars? Summarising my views quickly: 1⃣ EVs are better suited to planned transportation, rather than the randomness of ridehailing. (Scheduled rides are slightly better; fixed routes - like in buses and ETS - are the best) 2⃣ CNG and diesel transport in India is artificially cheap because we allow the vehicle to be abused beyond its usability curve (which is not possible with EVs). It's common to see cars with 5 lakh kms on its odometer in cities; what's the health cost of such vehicles? 3⃣ E-mobility has hit an inflection point for 2W and 3W already. We're just a bit away from the 4W sweet-spot, and then a few more years until EV buses start making great TCO sense. (Until then, only governments seem to be taking the risk of 10+ year asset life on these) It's clear we're on a one-way street towards electric. But the street isn't a very straight one :)

It's awesome that @RefexMobility has been recognized at the ET Energy Leadership Summit, for demonstrating clean and green practices in mitigating CO2 emissions. India needs more clean, sustainable and safe mobility in all its megacities. Proud to be driving this change!