The Environmental and Economic Impact of EV Leasing in India
India’s electric vehicle (EV) story is no longer a distant headline — it’s a live, accelerating shift in how people and businesses move. Leasing as a model sits at the intersection of economics and sustainability: it lowers the cost and risk of switching to EVs while enabling higher utilisation, better lifecycle management, and (if set up well) improved circularity for batteries. This blog unpacks how EV leasing helps India cut emissions, reduce waste, and create new economic opportunities — and where the risks and policy gaps still remain. 1. Why leasing matters for India’s EV transition Leasing turns the economics of EV adoption on its head. Instead of a large upfront purchase, businesses and individuals pay a predictable monthly fee that typically covers the vehicle, maintenance, insurance and sometimes charging support. That matters in India because: EV purchase prices (especially for cars) remain higher than comparable internal-combustion engine (ICE) models for ...