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Vehicle Electrification Readiness Assessment
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India is at the crossroads where the economy is seeing a strong push not only from policy makers towards electric mobility, but also from electric vehicle manufacturers for increasing the adoption of energy-efficient vehicles. Frost & Sullivan’s Electric Vehicle Readiness Index examines 40 key Tier I and Tier II Indian cities, based on their readiness for eMobility using a robust data-driven framework.Frost & Sullivan applies its proprietary framework, which employs a holistic approach for assessing the readiness of Indian cities, by evaluating them against a set of parameters broadly bracketed under 5 pillars. This framework helps companies form a reliable model to identify the cities that are expected to drive demand for electric mobility in India.The methodology is based on a seven-step robust framework that ranges from steps such as data compilation, normalization, indicator weightage, pillar score calculation, pillar weight assignment, and indicator score calculation. Based on these steps, ranks are assigned to each of the cities based on the scores.The innovative Electric Vehicle Readiness Index helps companies to:• Make analytical decisions about target markets for the sale of electric vehicles (EVs) by a thorough demand-side analysis• Tap into growth opportunities beyond metropolitan cities to find a wider set of untapped dynamic regional economies• Understand the all the factors that contribute to providing a holistic approach to the index creation• Obtain a client-friendly, customizable, and interactive query-based delivery system to re-tool their sales strategiesCity Coverage (40 Cities)• Tier I Cities: Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, and Pune• Tier II Cities: Agra, Allahabad, Amritsar, Bhopal, Bhubaneswar, Chandigarh, Coimbatore, Cuttack, Faridabad, Ghaziabad, Gurgaon, Guwahati, Gwalior, Indore, Jabalpur, Jaipur, Kanpur, Kochi, Lucknow, Ludhiana, Madurai, Meerut, Nagpur, Noida, Patna, Puducherry, Raipur, Surat, Thiruvananthapuram, Tiruchirappalli, Vadodara, and VaranasiPillar Coverage: Air quality, economy and demography, road infrastructure, vehicle population, and traffic congestion.Indicator Coverage: Emissions, PM2.5 levels; proportion of middle-aged population in total population, proportion of youth population in total population, population density, GDP contribution by industry, GDP contribution by service, per-capita income, Smart City initiative, urban governance; length of urban road network, mass rapid transit systems situation, number of electric vehicle charging stations, road density, quality of roads, width of two-lane highways, average commute time, number of buses, number of passenger vehicles, number of taxis, number of three-wheelers, and number of two-wheelers.Analyst: Rituparna Majumder
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