market research agencies in mumbai
29 Jul 2024

Building the backbone of electric mobility: policies driving infrastructure expansion

building-the-backbone-of-electric-mobility-policies-driving-infrastructure-expansion

Electric Vehicles (EV) infrastructure includes the structures, machinery, & equipment essential for supporting EVs, such as battery chargers, rapid chargers, & battery exchange stations. Due to the increased number of EVs, it has become crucial to establish a nationwide charging network. This can be achieved with effective planning and collaboration from government agencies, supported by policies like subsidies and grants, alongside initiatives encouraging private sector involvement in building a robust EV infrastructure. Below, we explore some of these key policies.

Sharing a snapshot below .


Overview of center-backed policies for EV infrastructure:

  • Under Fame II, the Department of Heavy Industry has sanctioned ~2,636 charging stations in 62 cities across 24 states / UTs.
  • MOHUA2 aims to provide semi-public charging infrastructure, covering ~20% of the vehicle holding or parking capacity at the premises.
  • The Ministry of Power targets public charging with at least one station in a 3km x 3km grid and one every 25km along highways & roads nationwide.
  • Ministry of Power's EESL3 has encouraged private players to build ~810 EV charging stations.
  • The government plans to establish designated EV-exclusive mobility zones to ensure the smooth operation of electric vehicles.

Sharing a snapshot below.


Further delving into state-specific policies for EV infrastructure:

  • UP provides a capital subsidy of 20% up to a maximum of INR 10 lakh/unit for the first 2K charging stations.
  • Maharashtra incentivizes a capital subsidy of 20% up to a maximum of INR 10 lakh/unit for the first 2K charging stations.
  • MP provides ~25% subsidy for the first 100 large charging stations (for e-2W, e-3W, e-cars, and heavy-duty vehicles).
  • Delhi offers a grant of ~100% for purchasing charging equipment (up to INR 6K / charging point) for the first PCS4.
  • Kerala provides a capital subsidy of ~25% (up to INR 10 lakh) for the first 50 battery swapping stations.
  • Rajasthan reimburses the cost of upstream infrastructure for the first 100 fast PCS/swapping stations (up to INR 5 lakh / PCS).
  • Haryana provides ~25% capital subsidy for setting up private charging stations & swapping stations/battery banks.

market research agency in india

You want to know more about the report?

market research consulting company
market research agency in delhi

Schedule a demo and leverage our revolutionary platform!

We enable the power of deep primary and secondary data sets + wide people network

Join 1Lattice Expert Platform

Become part of Asia’s biggest community of curated top 1% decision-makers

Anything else you would like us to know before we reachout?

We use cookies to improve your website experience. By navigating our site, you agree to allow us to use cookies, in accordance with our Cookie Policy