The government is introducing a mandate to have EV charging points in residential and commercial spaces, alongside lucrative incentives for setting up charging stations, making EV vehicle ownership more sensible and easy.
Central Government initiatives are playing an important part in transforming India’s EV landscape. There is a new Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) II scheme which will aid financial incentives and subsidies to enable smooth EV adoption while supporting charging infrastructure. State governments are also supporting this initiative by introducing their own EV policies that will also have some tax benefits, land allocation, and other incentives to develop charging infrastructure. These efforts collectively reduce range anxiety, EVs a more attractive alternative to internal combustion engine (ICE) vehicles.
It is also paramount to strengthen public-private partnerships that will help open up more and more charging stations across the country. No doubt, EVs are the future, since they are environmentally friendly, aimed at lowering fuel consumption and pollution levels, and are the perfect choice for the country’s upcoming 100 smart cities. In a report by NITI Aayog and Rocky Mountain Institute, India can reduce logistics costs by 4% of its GDP and save 10 GT of CO2 by 2030 by implementing clean technologies, including electric vehicles.
Delhi’s Electric Vehicle (EV) Policy 2.0, which is likely to be announced next month, proposed to mandate EV charging points for at least 20% of the parking space in all new buildings, officials aware of the matter said. For older buildings, 5% of the total parking space is to facilitate charging infrastructure for EVs. According to the proposal, Delhi aims to have 13,200 public charging stations by 2030 with a facility available within every five kilometres. The previous EV policy had also mandated setting up of 48,000 charging points in Delhi by 2026, of which only around 4,800 (10%) have been set up so far.
This is where ZEWAY Mobility steps in, offering a comprehensive solution for different sector with the customised EV charging stations. ZEWAY Mobility provides a diverse range of EV charging stations to cater to the specific needs in Tier II & III cities in North India. We offer:
- AC Charging Stations for Two and Three-Wheelers: Ideal for residential & commercial complexes, co-working spaces, Educational Institutions and other public places.
- AC Charging Stations for Electric Cars: Perfect for apartments, office buildings, College Campuses and shopping centres.
- DC Fast Chargers: A high-powered option for locations requiring rapid charging, like public parking areas or commercial hubs.
Contact us today to learn more about how we can help you unlock the potential of the future of transportation.