With government-led initiatives such as FAME Policy under NEMMP 2020, incentives, tax reduction and subsidies to accelerate the production & purchase of EVs, India has the potential to become one of the largest electric vehicles market. But for these EVs to work efficiently, there need to be enough charging stations to provide adequate power supply to these vehicles.

Electric vehicle charging stations is an infrastructure that satisfies the need of electric energy for the recharging of plug-in electric vehicles—including electric cars, neighborhood electric vehicles, and plug-in hybrids. Along with the rise in several on-road electric vehicles, the demand for charging stations has subsequently increased.

At present, most of the EV charging stations have been deployed by the government or private companies, but they are not sufficient to satisfy the increasing demand. Thus, community charging stations are expected to witness significant growth in the coming years as the government has de-licensed setting up public EV charging stations.

Indian Electric vehicle charging stations are segmented based on Type (Slow, Fast Charger), based on Connector (Bharat Standard, Combined Charging System, CHAdeMO), based on Application (Commercial, Residential), based on Location (Cities, Highways).

Major industrial players in the Indian Electric Vehicle Charging Stations market are ABB Ltd, New Motion, National Thermal Power Corporation (NTPC), Mahindra Reva Electric Vehicles Pvt. Ltd, Tata Power, ACME Group, Siemens AG, Exicom.

Electric Vehicle Charging Stations market size is expected to grow at a CAGR of 40 percent. The demand for Electric Vehicle Charging Stations is driven by government schemes, funding, subsidies, and incentives, reduction in the tax rate, growing demand for electric vehicles, heavy investment from automakers in EVs and growing concern toward environmental pollution.

Our experts have analyzed the industrial scenario and prepared Business Planning Reports on Electric Vehicle Charging Station [Those reports are Business Feasibility Study Report, Business Modelling Report, Business Plan, and Detailed Project Report]. Our expert’s team has studied the market for awareness, demand, and supply of EVs and their charging stations and wanted to share some helpful information on Electric Vehicle Charging Station.

Browse Detailed Reports are available on:- http://meticulousbplans.com/product/electric-vehicle-charging-stations/

FAQs

What I will get from these reports?

• It will give you a brief idea about Electric Vehicle Charging Station.
• It will give you knowledge on technical, commercial aspects of Electric Vehicle Charging Station.
• It will give you the information required budget, daily expenses and profitability.
• It will provide you market-related information.

Key questions answered in the report: –

• What is the feasibility of starting an Electric Vehicle Charging Station?
• What are the most important affecting factors for the automotive Industry?
• Which are the high growth market segments in the automotive Industry?
• What are the requirements for starting an Electric Vehicle Charging Station?
• What will be the budget for developing the business?
• What are the market forecasts and estimates from the period 2019-2022?
• What are the major drivers, trends, restrains, threats, and opportunities in the automotive Industry?
• Who are the major players in an Electric Vehicle Charging Station?
• How to get a loan or raise funds?
• All these and many more questions will be answered in these reports with detailed information.

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• These are the most innovative reports which will help you take the decision about the business idea on the basis of information provided in.
• Most systematically researched and constructed the report.
• Prepared by experts and professionals from the industry.

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