Inorder for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing the cost of technology, and distressing pollution levels are essential
As the Central government and several state governments accelerate efforts to support the adoption of electric mobility in the country, a new report suggests that India would need around 400,000 charging stations to meet the requirement for two million electric vehicles (EVs), a number that is expected to ply on Indian roads by 2026.
There are currently 1,800 charging stations in India for approximately 16,200 electric cars, including the fleet segment, according to the Society of Manufacturers of Electric Vehicles.
In order for India to reach its vision of 100 per cent EVs by 2030, factors such as increasing government support, decreasing cost of technology, and distressing pollution levels are essential, as per the Grant Thornton Bharat-Ficci report.
“Overall, the EV infrastructure is tightly coupled with the EV and charging station characteristics, battery technologies, and electricity markets,” the report said.
As part of a survey in the report, more than half of the stakeholders have also recommended the involvement of discoms in Electric Vehicle Supply Equipment (EVSE) deployment and classification of EV charging infrastructure as corporate social responsibility.
The survey also suggested design simplifications, partnership during the transition, and optimisation of urban mobility as effective cost reduction levers for bringing down EV costs in India.
“Global manufacturers have spent millions to improve the availability and efficacy of EV chargers, and as a result the fastest ones today take no more than 15 minutes to recharge a vehicle.”
“The global sales of EVs in 2020 increased by 39 per cent y-o-y to 3.1 million units, whereas the total passenger car market declined 14 per cent,” it added.
