British oil and gas company Shell's Indian subsidiary plans to install over 10,000 electric vehicle charging points across India by 2030, a company statement said Thursday.
"The Shell Recharge proposition is based on unique insights that we picked up in our research and global experience," said Sanjay Varkey, director of Shell Mobility, India at the launch of its first electric vehicle (EV) chargers in India, for the four-wheeler and two-wheeler segments in Bengaluru.
In the first phase of its launch, Shell plans to set up charging stations in Bengaluru across its fuel stations located in five locations, and further expand its EV charging infrastructure beyond its existing retail markets of seven Indian states of Karnataka, Tamil Nadu, Maharashtra, Gujarat, Telangana, Assam, Andhra Pradesh.
For on-the-go and standalone EV hubs, the company will deploy 100 kilowatts (KW) and above direct-current (DC) fast chargers to enable fast charging and the lowest possible dwell time, the statement said.
India, Asia's third largest economy, requires setting up 46,000 EV charging stations by 2030 to reach the global benchmark, according to a white paper by a consulting firm. Currently, India has 2,826 public charging stations that are operational for EV that suffices one charging station per 135 electric vehicles in the country.
India had set a target of EV sales penetration of 30 percent of private cars, 70 percent of commercial cars, 40 percent of buses and 80 percent of two and three-wheelers by 2030, which in absolute terms stands for 80 million electric vehicles.
Editor: Leon
