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India Allocates INR 2,000 Cr for EV Charging Expansion

  • The Indian government has allocated INR 2,000 Cr under the PM E-DRIVE scheme to enhance EV charging infrastructure.
  • The aim is to increase public charging stations from 32,500 to 72,300 by FY26, accommodating the rise in EV users.
  • Inputs from 14 states have been received, and an interministerial meeting has been held for finalizing guidelines by April.
  • Key locations for new charging stations include airports, highways, railways, and ports, with a focus on battery-swapping services.
  • The Ministry of Heavy Industries is collaborating with various state governments and national authorities to identify potential sites.

Source: Inc42

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7mo ago
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