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Jogging on a treadmill: The tale of India's charging infrastructure

Bankability biggest hurdle for public charging stations over low usage, indefinite breakeven period

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6 min read Last Updated : Oct 24 2023 | 11:30 PM IST

The progress of India’s charging infrastructure is akin to jogging on a treadmill. No matter how long you run, the distance appears only on the screen: You are still on the belt. For Indian companies setting up public charging stations (PCSes), the narrative is similar — the charging points multiply, but the needle on utilisation and profits moves little.

It has been over two decades since Reva launched India’s first commercial electric vehicle (EV). But India still has one of the fewest PCSes among major economies. At the same time, it is one of the fastest-growing EV markets. That begs the

Topics : jogging infrastructure Charging

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