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The Evolution of Electric Vehicle Charging Stations: A Promising Decade Ahead

Updated on Jun 5, 2023 | 3 min read

India is the fourth largest automobile market in the world. Currently, there are only 1,742 charging stations and 1.5 lakh electric vehicles in the country, and this number is expected to grow to 1 lakh EV charging stations in India by 2027 to meet the demand for increasing charging stations on India’s upcoming infrastructure. Investment in this sector was approximately $6 billion in 2021 and this figure is expected to grow to $20 billion by 2030.

The charging infrastructure in India is currently underdeveloped, with a limited number of charging stations available in comparison to the number of electric vehicles (EVs) in the country. According to statistics, there are approximately 26 EVs per charger in India, whereas China has 8 EVs per charger, and the United States has 17 EVs per charger.

The growth of the EV sector in India is primarily driven by electric two-wheelers, three-wheelers, and electric buses. These segments have witnessed significant adoption and are contributing to the transition to electric mobility in the country. To support and accelerate the growth of the EV ecosystem, the Indian government has implemented the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme. 

80% charging currently occurs at residential place.This is due to the lack of public charging facilities. Total length of the road network in India is around 6,215,797 km, as of March 2020.From these data, we can arrive at a very theoretical estimate of the average distance between two public EV charging stations in India right now, which is more than 6000 km.Distribution of EV charging station is unequal across the country. Majority of charging infrastructure facilities available in tier -I cities.

There is scarcity of charging infrastructure in India right now and the demand for charging stations is going to skyrocket in coming years.Electric vehicle sector is soon going to redefine the way road transport works.Considering that there are around 1000 to 2000 EV charging stations currently operating in the country, a massive ramp-up is likely to happen in the next 10 years. 

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Pratyush Misra

Pratyush

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