India’s Electric Vehicle Adoption: A Path to 1 Million Fast Chargers by 2030

Amitabh Kant, former NITI Aayog CEO and G20 sherpa, emphasizes the necessity for India to deploy a minimum of one million fast chargers by 2030 to facilitate the adoption of electric vehicles (EVs). Kant urges a shift towards local manufacturing and megawatt-hour charging for buses and commercial vehicles instead of relying on imports.

Driving Forces Behind EV Growth

According to Counterpoint Research, India witnessed a nearly doubled growth in EV sales in 2023, with projections indicating a 66% increase this year. This surge is attributed to growing consumer interest, supportive government policies, and ongoing infrastructure development initiatives.

India’s Leading Role in Two-Wheeler Exports

Kant highlighted India’s emergence as the largest exporter of two-wheelers globally, signaling a promising future for the electric two-wheeler market. He encouraged domestic companies to leverage this momentum and focus on producing electric two-wheelers for the international market.

Transforming India’s Automotive Sector

Addressing attendees at Ather Energy’s community day event, Kant underscored the significance of India’s automotive sector transformation. This sector not only contributes significantly to India’s GDP but also plays a vital role in manufacturing GDP and total exports, making it imperative for the country’s economic growth and sustainability.

In conclusion, the electrification of India’s transportation sector represents a crucial step towards achieving sustainability goals and reducing dependence on fossil fuels. Kant’s call for collaboration among EV players and startups, alongside the rapid deployment of fast-charging infrastructure, underscores the urgency of transitioning towards a greener future.

Source:thehansindia.com

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