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EV Charging Infrastructure in India

Visit https://aic.in/ev/ for home ev chargers, commercial ev ac chargers, commercial ev dc chargers, ev software management, electrical vehicle charger, ev charger for car.

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EV Charging Infrastructure in India

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  1. EV Charging Infrastructure in India The world is becoming sensitive towards climate change and adapting technologies and solutions that can accelerate resolutions to avoid further disruption to climate. Needless to say, the electric vehicle is one such solution. Around 57% of all global passenger vehicle sales and over 30% of the passenger vehicle fleet will be electric by 2040, according to the Bloomberg New Energy Finance (BNEF). The BNEF Electric Vehicle Outlook 2019 expects annual passenger EV sales to rise to 10 million in 2025, 28 million in 2030, and 56 million by 2040. But for India, vision is already set for 2030 with maximum dependency on electric vehicles, especially for public transportation where the government in transformation at high speed. India is highly adaptive to new technology, and when it is about EV adoption, we can understand with current launches of electric vehicles how it is streaming up more. The government recently shared its view to have that in the next three years, one can experience the EV charging station every 3 km. As a recent report suggested, India has the potential to become the largest electric vehicle (EV) market in the world, according to a report published by the World Economic Forum in collaboration with Ola Electric institute. But being hungry doesn’t solve the food problem. Having electric vehicles also means to have charging stations and infrastructure that can meet the growing demand. The best thing about EV charging is that it can be done at home as well. And the future will see the maximum dependency on AC chargers only, which can be done at both commercial and residential places. So the coming time is gearing up to have more electrification of electric vehicle and strengthen up then the ecosystem of EV charging. Currently, EV is the trend in India, with the automobile industry becoming absorbed about electric vehicles. But the priority is not to only provide but adapt. The big question is why should customers consider electric vehicle as their priority means of transportation? This can only be channelized when we have a perfect balance of electric vehicles and charging infrastructure that convinces the people that there are less or no hurdles in driving a vehicle, which reduces the carbon emission. This year there were multiple launches of electric cars in Auto Expo 2020. To some extent, it wouldn’t be wrong to say that the theme of Auto Expo was going electric with major automobile brands showcasing how they will contribute to the EV infrastructure. And subsequently, the government and companies are doing their part in making the path of EV established with strengthening the infrastructure. With GOI’s vision to have an EV charging station every 3 km in the next 3 years, it can be perceived that everyone is playing their role in making EV a future of tomorrow’s automobile sector. The government is setting a platform with various measures that will benefit the EV ecosystem, like reducing GST on EV Chargers from 18% to 5%. The growth for the more electric vehicle on roads can only be done with a stable atmosphere that requires encouragement for sustainability by prioritizing the growth of the EV ecosystem. This can be done by creating a well-connected charging infrastructure on the Pan-India level. But the market needs a lot more in terms of infrastructure and value. For example, an acute shortage of Cobalt, which is the major raw material for lithium-ion batteries, can become a significant concern for

  2. the adoption of EV. But we are confident that the automotive industry is resilient enough to come up with alternate materials for manufacturing EV batteries. Apart from fiscal benefit, the government should introduce non-fiscal incentives that can convince customers to explore electric cars as their first choice. Like waving off Road-tax and RC for EV vehicles can be a high turning point for people to consider electric vehicles as a prime option. Also, small initiatives like free parking in the malls. Once the path has been smoothened, the EV sector can witness its next adaptation, which is about vehicle-grid technology that will also revolutionize the electricity infrastructure. Imagine having a car that not only solves the transportation problem but also can be utilized to provide electricity to the home. That is the solution future is holding for EV infrastructure. As a leading player, we are uniquely positioned to offer complete end-to-end solutions with both on- board and off-board chargers. Our energy-efficient, compact, and extremely robust solutions for onboard chargers (DC-DC Converters & Powertrain) give us a distinctive advantage because of our global expertise. Visit https://aic.in/ev/ for home ev chargers, commercial ev ac chargers, commercial ev dc chargers, ev software management, electrical vehicle charger, ev charger for car.

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