The Indian electric vehicle (EV) charger market is poised for remarkable growth,
\nwith annual sales expected to exceed nearly 0.9 million units by 2030. The
\ndominant segment in the Indian EV charger ecosystem is the type-2 AC charger,
\naccounting for a significant 82 percent of the market in 2021-22. To meet the
\nanticipated surge in demand for EV chargers, the market is gearing up for
\nsubstantial expansion and innovation.<\/p>\n
In 2021, India witnessed the deployment of over 17,000 EV chargers, driven by
\nprocurement initiatives from public sector undertakings (PSUs), commercial fleet
\noperators, bus operators, and charge point operators (CPOs). These chargers were
\nsupplied by EV original equipment manufacturers (OEMs) and primarily used for
\nelectric two-wheelers (e-2W), electric three-wheelers (e-3W), e-buses, e-trucks,
\nand e-four-wheelers (e-4W).<\/p>\n
Furthermore, the demand for EV chargers in India saw a substantial increase in
\n2022, primarily due to tenders announced by PSUs. These initiatives are expected
\nto add approximately 6,000 charging stations by 2023.<\/p>\n
Several states, including Haryana, Kerala, Madhya Pradesh and Andhra Pradesh,
\noffer enticing capital subsidies for deployment of both fast and slow EV chargers.
\nDelhi and Maharashtra have emerged as favourable locations for private charging
\ninfrastructure due to additional state subsidies.<\/p>\n
Key factors driving the expansion of the Indian EV charger market in the coming
\ndecade include the anticipation of annual sales of 17 million lithium-ion-based EVs
\nby 2030, supportive policies and regulations in select states, collaborations
\nbetween EV OEMs and charge point operators, and partnerships between real
\nestate developers and EV charging station developers.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Indian electric vehicle (EV) charger market is poised for remarkable growth, with annual sales expected to exceed nearly 0.9 million units by 2030. The<\/p>\n","protected":false},"author":1,"featured_media":4357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24624,236],"tags":[],"class_list":["post-4356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicle-ecosystem","category-ev-ways"],"_links":{"self":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/4356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4356"}],"version-history":[{"count":0,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/4356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}