Estimation question

Estimate the number of electric vehicles in Bangalore.

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What this question tests

Fermi estimation adapted to a specific city and market context.

How to approach it

  1. State you'll estimate via total vehicle registrations in the city and an assumed EV penetration rate.
  2. Estimate the city's total registered vehicles, e.g. assume roughly 8 to 10 million for a large metro.
  3. Assume an EV penetration rate, e.g. 2 to 3%, given relatively early adoption.
  4. Split two-wheelers, with higher EV share, from four-wheelers, with lower EV share, for a more defensible number.
  5. Multiply each segment separately and sum.
  6. State the final estimate as a range and flag it as assumption-driven.

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