Charging infrastructure: The roadblock that could stop electric vehicles in their tracks
As per a recent analysis by The Energy and Resources Institute (TERI) towards transport de-carbonisation in the state, 23% of all new vehicle registrations by 2024 will be of EVs, which is close to the state's target of 25%. Further, the analysis also suggests that the aggregate EV stock in 2030 would represent 11% of the total transportation fleet. The shift from internal combustion engine (ICE) to EVs has the potential to create a social and economic shift for consumers and manufacturers. However, to boost confidence amongst consumers, a readily available and fairly managed power distribution system for public and private charging infrastructure is necessary. Further, the electricity utilities in the city need to be ready to manage the increase in demand due to EV charging.