BS EDIT: Charging India's EV future

By Business StandardPublished On Jan 9, 2025

Big Plans for EV Growth

The PM E-Drive scheme targets 72,300 new fast-chargers with subsidies of up to 80 per cent

Focus Areas

Key additions:

48,400 chargers for two- and three-wheelers

22,100 chargers for cars

1,800 chargers for buses and trucks

Learning from China

China’s 3 million public chargers power its EV success. India’s focus on charging is a step toward its 30 per cent EV target by 2030

Addressing Challenges

Clear guidelines on subsidy disbursement are crucial to avoid delays and red tape

Building the Backbone

A strong charging network is key to EV adoption, especially for private vehicles that dominate Indian roads

A Turning Point?

Effective implementation of PM E-Drive can accelerate India's EV revolution and reduce fossil fuel dependence