Practice

Unlimited, untimed. Explanations right after.

Economy, Industry & Agriculture

The Hindu BusinessLine — Economy · 11 Nov
62.6% of three-wheeler retail sales in October was electric: FADA data ↗

Consider the following statements regarding the electric three-wheeler (E3W) segment in India and the broader electric mobility transition framework:

Statements

  1. The rapid adoption of electric three-wheelers in India is primarily driven by personal mobility use cases, since commercial operators have limited daily utilisation compared to passenger vehicle owners.
  2. The E3W segment has emerged as the most electrified segment of India's automobile market, with penetration levels that substantially exceed those in the passenger vehicle and two-wheeler segments.
  3. Under India's EV incentive architecture (FAME and PM E-DRIVE), demand-side subsidies for electric three-wheelers are structured to target commercial operators, reflecting the policy logic that high daily utilisation amplifies operating-cost savings and accelerates payback periods.

Which of the statements given above is/are correct?

Options