Outlook into EV Charging Stations in India to 2030 - Featuring ABB, Acme Industries & Fortum India Among Others - ResearchAndMarkets.com

The "Setting Up EV Charging Stations in India: Evaluating Top Locations/Clusters in India, Best Fit Business Model and Services" report has been added to ResearchAndMarkets.com's offering.

Akin to solar, the publisher anticipates the deluge of companies interested in setting up electric vehicle charging stations in India, however one has to be careful about the pace at which one has to accelerate in this business where the rudimentary way of fuel retailing may not work.

This research report Setting up EV Charging Stations in India: Evaluating Top Locations / Clusters in India, Best Fit Business Model and Services aims to provide in-depth view on the possible business opportunity, pitfall and most importantly location level study to help funnel the most attractive pockets / clusters where setting up EV charging stations makes business sense considering the penetration of EV and the time to break even on investment made in charging station.

The potential investors in electric vehicle charging business opportunities in India are in a fix, this as they are unsure of whether to put charging stations upfront or wait for critical mass of EVs before investing any money. It's a classic chicken and egg situation, however, if one takes a closer look into how the Chinese handled this conundrum, one would realize that the initial thrust came in form creation of public electric vehicle charging stations funded by the government and later came the private investment into the charging infrastructure creation.

Currently, there are only 150 charging stations in India and anticipating the need, Government of India has set up an ambitious target of setting up one charging station every three km in cities and every 25 km on both sides of highways. The government has de-licensed public charging stations business for electric vehicles enabling individuals to extend such facilities but at a regulated tariff. Companies like ABB, Acme Industries, Fortum India and a few Dutch firms are actively considering setting up vehicle charging stations. State-run companies like NTPC, GAIL India, Indian Oil Corp, and Power Grid Corp have been exploring diversification into electric vehicle charging infrastructure business.

At both the Central Government level and State Government level, policy changes are being implemented to pave for accelerated charging infrastructure capacity creation. The state of Uttar Pradesh has become the first in India to formally invite EoIs from companies to set up electric vehicle charging stations.

Key Topics Covered:

1. Executive Summary

2. Research Approach & Methodology

3. EV Charging Stations in India

• Trend in y-o-y addition
• Location wise spread / concentration
• By ownership - private vs public vs community

4. EV Population in India

• Trend in y-o-y addition
• Location wise spread / concentration

5. Government Policy & Regulations Driving EV

• Fame II
• GST Reduction on EV
• Tax Benefit
• Duty Reduction
• Others

6. Electric Vehicle Charging Stations Business Model

• In India
• Leading EV Markets like China, Japan, Nordic countries

7. Permits & Clearances required to set up EV charging stations in India

8. Projected EV Population in India by 2030 and its distribution

• By Automobile Type - 2W, 3W, 4W, CV
• By Region
• By Metros
• By Location within Metros

9. Study of EV Station Layouts

• In Malls
• by motor type (AC, DC)
• In IT Parks
• In Residential Complex
• In Fuel Stations

10. Components of EV charging station

• Land layout
• Electrical Equipment & Machinery
• Product & service retailing

11. EV charging stations

• Capex, Opex
• Operations & Maintenance

12. Evaluating customer journey in charging vehicle at EV charging stations

13. Electric Vehicles Charging Stations Business Plan

14. Charging as a service & different innovative models

• Pickup and drop service [overnight charging for individual]
• Mobile charging stations
• Sourcing criterion
• Others

15. Identifying key clusters across states in India for setting up network of charging infrastructure

16. Evaluating possible business models

• Ownership - network of charging stations
• BOOT model in charging stations in Malls, IT Parks etc

17. Evaluating possible operating models

• Like telecom towers
• Like unmanned fuelling stations in developed countries
• Artificial Intelligence enabled charging stations
• Others

18. Evaluating different services component in charging business

• Billing & Collections
• Pre-Paid cards
• Charging stations availability app
• MRO of charging stations

19. GTM Insights

Companies Mentioned

• ABB
• Acme Industries
• Fortum India
• GAIL India
• Indian Oil Corp
• Magenta Power
• NTPC
• Panasonic
• Power Grid Corp
  
  

For more information about this report visit https://www.researchandmarkets.com/r/tf3zib

View source version on businesswire.com: https://www.businesswire.com/news/home/20200319005333/en/