Highlights of Session on Emerging Business Opportunity in EV Charging Infra
- Charging Infrastructure is a service and it’s a delicence where anybody can set up the charging station
- In Electric Vehicles(EVs), it is the battery which makes differentiation.
- For Four wheelers fixed charging is recommended; for 3 wheeler segment, battery swapping is recommendable.
- Vehicle adaptation have moved from single home to multi-storey housing society.
- 60 to 70% of the vehicle owners do not have access to parking. They will prefer a common place which is accessible 24×7.
- Consumers should have the preference/option to choose slow charging, high charging and fast charging, mobile application to navigate the charging, payment provision from app.
- Charging units should be futuristic. Charger should be load balancing features. It aids Distribution companies in managing the load.
- EV Charging infrastructure business is becoming a reality.Uncontrolled nature of charging facilities in a plug-in mode could have significant impacts on the power systems, such as increasing peak load network congestion
- CESL has installed 370 public Charging Stations in the country
- Getting a land is a barrier. EOI is being invited to charge point operating companies where BOOT model can be adopted
- Getting connection of 100 KW load takes roughly around 2 to 3 months’ time. In case of load enhancement, the time duration takes is another 6 to 8 weeks’ time
- Getting timely connections from distribution utilities is one of the concern areas.
- Approval process needs to be streamlined and automated with timelines.
- Approximately about 30 to 40 GW of Energy that will be required by the EV Industry