views
Leading EV Charging Providers in India: We have seen an increase in electric vehicles (EVs) replacing fuel-based vehicle sectors throughout the past fiscal year. Sales of EVs increased threefold to 4,29,217 units in 2021–2022 from 1,34,821 units in 2020–2021.
This is only the beginning because several automakers have not yet made their electric vehicles available. According to the Economic Times, the majority of this may be attributed to electric two-wheelers, which will account for 2,31,338 units in 2021–22. Slowly but surely, the tide has begun to shift against gasoline and diesel cars due to rising fuel prices, increased maintenance expenses, and tight pollution laws.
List EV Charging Companies in India
Tata Power
Tata now has a commanding 85 percent market share of all EV sales that took place in India in 2021–2022. They made 15,198 units in net sales in 2021–2022 (units). This is an almost 500% increase from the 3,523 units in 2020–21.
Tata has to develop a network of charging stations to accommodate its amazing expansion and its growing client base. The firm now operates over 1000 charging stations in 180 locations, and in the upcoming years, this number is anticipated to increase.
Ather Energy
A premium battery-powered scooter manufacturer with its headquarters in Bengaluru is called Ather. They are supported by Hero Electric and were among the country’s first EV producers.
Throughout their developed cities, they have more than 200 charging stations. In India, there are now 9 large cities where the EV is available, and 50 more will be added over the following year.
Okaya
Similar to the EV firms mentioned above, Okaya offers consumers both its own electric car and charging options. They collaborate with Prakriti-E-Mobility, a business that owns and drives its own electric vehicles.
In India, the company has more than 350 dealerships. In addition to their EV line, they provide their clients with a variety of batteries and charging choices, such as lithium ion batteries, solar batteries, and batteries for e-rickshaws.
ABB India
Hindustan Electric Company Ltd. was the name under which the business was formed in 1949. Later, it changed its name to Asea Brown Boveri Ltd. of ABB Ltd. Power systems, transformers, and power distribution was their main lines of business. On the Indian market, the company also produced switches, plugs, and regulators.
They recently won a deal with Audi India for providing charging options for the company’s E-Tron line of electric vehicles.
In Closing
The inevitable shift toward more environmentally friendly transportation has had an impact on the sector. Government officials have promised tax breaks and subsidies for businesses and consumers that use EV solutions. We could eventually transition to an entirely electric economy.
Check out our other posts about EV stocks in India if you enjoyed this one on “EV Charging Companies in India.” Invest wisely!