Documentos de Académico
Documentos de Profesional
Documentos de Cultura
ADVERTISEMENT
Chennai: Giving a major impetus to electric vehicle (EV) mob ..
PSMARKETRESEARCH
NEW YORK, Jan. 06, 2020 (GLOBE NEWSWIRE) -- According to the market
research report published by P&S Intelligence, the Indian Electric Vehicle
Supply Equipment (EVSE) market was estimated to be valued at $1,027.9
thousand in 2019, and it is predicted to reach $13,833.0 thousand by
2025, witnessing a CAGR of 54.2% during 2019–2025. When segmented on
the basis of type, AC chargers were estimated to be the larger category in
the market, in 2019.
One of the major trends in the Indian EVSE market is the inflow of heavy
investments from various start-up companies, EVSE manufacturers,
solution providers as well as EV manufacturers. For instance, in August
2019, EV Motors India Pvt. Ltd., an India-based start-up company,
announced that it aims to install over 6,500 charging outlets for EVs, in
collaboration with ABB India Ltd. and Delta Electronics Inc., with an
investment of around $0.2 billion (INR 14 billion). Moreover, in August
2019, Tata Power Co. Ltd. announced that it will invest $1–1.5 billion
toward the installation of 500 EV charging stations across India, by 2020.
Browse report overview with detailed TOC on "Indian Electric Vehicle
Supply Equipment (EVSE) Market Research Report: By Type (AC, DC),
Application (Public, Private) - Industry Size, Share Analysis and Growth
Forecast to 2025" at: https://www.psmarketresearch.com/market-
analysis/india-evse-market
Private chargers dominated the Indian EVSE market during the historical
period. Their early adoption in the country, low cost, and higher demand
among customers, for overnight charging at homes and commercial
places, to maximize the long charging time of an EV, helped the private
charger market grow in the historical period.
Make Enquiry Before Purchase
at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=india-
evse-market
Geographically, the western region was estimated to hold the major share
in the Indian EVSE market, in 2019. The extensive state government
support for EV adoption, especially in Gujarat and Maharashtra, and the
presence of major EV and EV component manufacturers made the region
the market leader during the historical period. The high per capita income
in this region is also a major factor behind the growth of the EV market,
and in turn, the EVSE market, here. The northern region is predicted to be
the fastest growing region during the forecast period. The poor air quality
in most of the regional cities and government concerns, as a result of
this, are expected to benefit the EV and EVSE markets.
The Indian EVSE market is currently consolidated in nature, and the major
players operating in it are ABB Ltd., Schneider Electric SE, Delta
Electronics Inc., Magenta Power Pvt. Ltd., Tata Power Co. Ltd., Exicom
Tele-Systems Ltd., Ather Energy Pvt. Ltd., Bharat Heavy Electricals Ltd.,
ANI Technologies Pvt. Ltd. (Ola), and EV Motors India Pvt. Ltd.
In August 2019, NTPC Ltd. invited vendors for developing the charging
infrastructure for EVs, consisting of Bharat DC-001 and AC-001 charging
stations. This includes supply, transportation, unloading, storage,
installation, and commissioning, which further includes earthing, cabling,
and all related civil tasks, at identified locations. Further in November
2019, EES and REIL won orders for installing over 2,500 charging stations
for EVs, in nearly 90 cities across India.
Vehicle growth in the country has been rapid in the recent years, with
ownership per 1,000 population increasing from 53 in 2001 to 167 in
2015, according to 2018 NITI Aayog report ‘Zero Emission Vehicles:
Towards a Policy Framework’.
INVENTIA
Ola Electric Mobility Pvt Ltd (Ola Electric) announced on Monday that it has
inked a partnership with power distribution companies BSES Yamuna Power
Limited (BYPL) and BSES Rajdhani Power Limited (BRPL) to bring charging
stations to New Delhi. This is a step forward in Ola Electric’s efforts to drive
growth across India’s EV ecosystem.