A Study of Government Subsidies and Financial Support for Electric Bus Adoption in India
Dr. Rajkumar M. Sharma Rajkumar M. Sharma , Sunita Laxman kale , Sunita Laxman kale
Paper Contents
Abstract
Electric buses (e-buses) are a significant step towards cleaner public transport in India. Yet, the high Expenditure of e-buses in relation to diesel buses has slowed adoption. This research study looks at the role of government subsidies and financial support in promoting e-bus adoption. The research paper is based on secondary data from government reports, industry studies, and academic research. It reviews major policy schemes, for instance, the Faster Adoption and Manufacturing of Electric Vehicles (FAME) program, state-level subsidies, and publicprivate partnership models. The research study finds that subsidies have played an important role in reducing the upfront cost of e-buses and attracting investment; however, challenges remain in operational funding, infrastructure costs, and long-term financial planning. Suggestions include stable policy support, enhanced coordination between central and state governments, and innovative financing models.
Copyright
Copyright © 2025 Dr. Rajkumar M. Sharma , Sunita Laxman kale . This is an open access article distributed under the Creative Commons Attribution License.