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Why Carmakers Are Hesitant to Have More Skin in India’s Charging Infrastructure Game
The future of public charging depends on automakers taking a greater stake in the country’s charging infrastructure—potentially paving the way for deeper collaborations in the future.
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By 2030, India could have as many as 50 million electric vehicles (EVs) on its roads. But to keep them moving, the country would need around 1.32 million charging stations—an ambitious goal that translates to installing nearly 400,000 chargers every year, if a recent report by Forvis Mazars is to be believed. The cost of setting up this vast network could range anywhere between ₹17,000 crore and ₹1.95 lakh crore (for fast chargers).
For India’s fragmented charging industry, this isn’t just a daunting challenge—it’s an impossible one without deeper involvement and collaboration from automakers. Speak to any of the ...
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