24.5 lakh EVs, but just 1 charger for every 135 vehicles: 3 stocks building India’s EV backbone
- Posted on July 26, 2026
- By Financial Express
- 1 Views
- 1 min read
India's electric vehicle adoption faces a critical infrastructure gap, with over 24.5 million EVs competing for approximately 181,000 charging stations nationwide. To support the projected growth trajectory, the country requires nearly 3.9 million charging points by 2030. This analysis identifies three leading companies driving India's EV charging ecosystem expansion, examining their technological innovations and strategic positioning in this high-growth market segment.
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