Excerpt from thebetterindia.com
In the last five years, governments, large corporations, startups and investors in India have expressed their commitment to a future marked by electric mobility. The Government of India desires electric vehicle (EV) sales penetration of 30% for private cars, 70% for commercial vehicles and 80% for two and three-wheelers by 2030.
So, where are we now?
As of January 2022, the total number of registered EVs in India across vehicle categories stood at 9.13 lakhs as of January 2022, according to the Vahan Portal. Going further, of the EVs sold in 2021-22, two-wheelers had the highest share with 49%, followed by three-wheelers accounting for nearly 45%. Fundamental to the growth of this sector, however, is the EV charging infrastructure network built by the government and the private sector.
Speaking to The Better India, Anant Nahata, the Managing Director and CEO of Exicom Group, which recently announced that it had completed 5,000 EV charging installations (including AC and DC chargers) across 200 cities, spoke about the growth of this network.