Is it all about the money? The driuers behind the recent Indian electric vehicle success story
Master thesis
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https://hdl.handle.net/11250/3107788Utgivelsesdato
2023Metadata
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- Master of Science [1622]
Sammendrag
We show that the recent Indian electric vehicle success story has been largely driven by the available amount of liquid deposits. While we observe that the relationship between liquid deposits and the share of electric vehicles in newly registered cars consists over time, we find that
the effect grows with household wealth. Furthermore, we replicate the analysis for Brazil and show that our findings regarding the relationship between liquid deposits and the share of electric vehicles also hold for another emerging market, however, at lower magnitude. Based on this, we recommend policy makers to introduce further measures aiming at an improvement of household liquidity.
Beskrivelse
Masteroppgave(MSc) in Master of Science in Sustainable Finance, Handelshøyskolen BI, 2023