India's public EV charging push to cover less than 2% of 2030 need: IEEFA

A report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns of a significant gap in India's electric vehicle charging infrastructure. The country's Rs 22,000-crore public charging initiative is projected to support only 18,811 charging points, which is less than 2% of the 1.32 million required to meet the 30% EV adoption target by 2030. The report highlighted that grid upgrade costs and low charger utilization pose major financial hurdles for operators.