DUBLIN–(BUSINESS WIRE)–The “Fitment Indexation for Value Chain Players and Opportunity Breakup Analysis of Setting EV Charging Stations in India” report has been added to ResearchAndMarkets.com’s offering.
Policy changes at both central and state level are being implemented to pave way for accelerated charging infrastructure capacity creation. This encouragement from the government has increased the interest of many private players to invest across India’s EV charging space.
For instance, Japanese electronics company Panasonic has planned to set up around one lakh charging station for e-vehicles across 25 top Indian cities. The Japanese company is planning to set up these stations by 2024. These charging stations are expected to power over one million vehicles. The company has planned charging stations across top cities like Delhi, Pune, Bengaluru, Chennai, Amravati, Hyderabad, Gurgaon, Noida, and Ghaziabad, etc. The charging facilities will be set up at petrol pumps, malls, parking lots, etc.
Indian EV maker Ather Energy also aims to develop biggest EV charging infrastructure network and terms it as “Ather Grid”. The company plans to set up 6500 charging stations across the country by 2022. State-run companies like NTPC, GAIL India, Indian Oil Corp, and Power Grid Corp have been exploring diversification into electric vehicle charging infrastructure business
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