GLIDA Calls for Bigger Boost to EV Charging Infrastructure

India has reached a significant milestone with the sale of nearly 4 million electric vehicles (EVs). However, as EV adoption gains momentum, the spotlight has shifted to the development of a robust fast-charging infrastructure to support this growth. A strong charging network is critical for reducing range anxiety and encouraging more consumers and businesses to transition to electric mobility.

Public and private investments are being directed to strengthen this sector, as highlighted at the India EV Fast Charging Summit organized by the India Energy Storage Alliance (IESA). Industry leaders emphasized the urgent need for robust funding and infrastructure to meet the increasing demand for EV charging.

Shiraz Khanna, CFO of Exicom, stated the importance of improving transformers and grid infrastructure to boost EV adoption in rural areas.

2030 EV Adoption Target

To achieve the government’s target of 30% EV adoption by 2030, industry experts called for reducing customs duties, GST, and other taxes on imported EV components. They also highlighted the need for investments in local R&D and battery technology to reduce costs, support local manufacturing, and create employment opportunities.

IESA’s Perspective on EV Charging Growth

Debi Prasad Dash, President of IESA, noted that the EV charging infrastructure segment is currently growing at an annual rate of 25-30%. To double this growth, an investment of $20–30 billion would be necessary. Dash added that the government is working on state-wise demand allocation and considering vehicle density in various regions to optimise the deployment of charging infrastructure.

PM e-Drive Scheme

The summit also focused on the PM e-Drive Scheme, aimed at promoting public EV charging stations (EVPCS). With a budget of ₹2,000 crore, the scheme plans to install 22,100 fast chargers for e-four-wheelers, 1,800 for e-buses, and 48,400 for e-two and three-wheelers.

Awadhesh Jha, Executive Director of GLIDA, raised concerns over the adequacy of the ₹2,000 crore allocation, stating that it is insufficient to scale public charging infrastructure. Jha suggested allocating funds to improve the power distribution network and enable plug-and-play infrastructure for charge point operators for better results.

Industry leaders emphasised the critical role of distribution companies (DISCOMs) in ensuring a reliable power supply, which is vital for the growth of the EV sector. The summit highlighted the need for a collaborative effort between the government and industry stakeholders to drive the EV revolution in India.