Context-Dependent evaluation of electric vehicles and charging infrastructure in an emerging economy

Abstract

In recent years, the rapid proliferation of economic activities in India is accompanied by a surge in the demand for electric vehicles (EVs) and charging infrastructure development. This study analyses the performance of the EV adoption across the Indian states using a modified context dependent data envelopment analysis. We identify key macroeconomic factors that influence EV and CI expansion and provide a framework for informing targeted policy interventions for states to optimize their EV ecosystem development. Our analysis reveals that states with higher socio-economic indicators and comprehensive EV policies exhibit superior performance in EV adoption. Additionally, we propose a benchmarking strategy for lower performing states, guiding them towards a pathway for efficiency improvement through targeted infrastructure investments. This data-driven approach can inform policymakers in creating effective strategies to accelerate the development of a robust EV ecosystem.