EV charging stations have grown 2.5 times in the previous four months across nine megacities, including Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai. India now has 1,640 public electric vehicle chargers in use.
There are around 940 stations in each of these nine cities. According to the Power Ministry, 678 public EV charging stations were established in these cities between October 2021 and January 2022.
The Ministry recently announced revised consolidated principles and requirements for EV charging infrastructure, according to a news article. It includes offering EV owners an inexpensive price charged by public EV charging station operators, allowing them to charge their vehicles at home using their current energy connections.
A revenue-sharing model for land use has been proposed in order to make a public charging station financially viable from an operating standpoint, as well as technical needs for public charging stations.
Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.