EV adoption accelerating in India: Tier 2 and Tier 3 cities are becoming the new power

Electric vehicle (EV) adoption has accelerated in India, and is no longer limited to just Tier 1 cities. Tier 2 and Tier 3 cities are also rapidly joining the race. According to the Heavy Industries Ministry report, the charging network in these areas recorded a 96% growth in FY2024, and 59% of the country’s fast charging points are located in these cities. TATA.ev, through its open collaboration format, is partnering with key stakeholders to accelerate the development of charging infrastructure.

Growing trend of EV adoption in Tier 2 and Tier 3 cities

1. Increase in EV registrations:
   • FY 2023: 49% share of 4-wheeler EV registrations in tier 2 and 3 cities.
   • FY 2024: This figure increases to 58%.
   • FY 2025 (Est): Share expected to reach 66%.
2. Ultra-Sustainable Mobility:
   • Availability of charging space in independent homes.
   • Zero-cost, zero-emission mobility is being rapidly adopted due to solar rooftop integration.

Delhi NCR: Major expansion of EV infrastructure

1. Increase in charging stations:
   • FY 2022: 53 charging stations.
   • FY 2025: 1483 charging stations.
2. Growth Rate:
   • FY 2023: 185%.
   • FY 2024: 76%.
   • FY 2025 (so far): Slow growth at 6%.
3. Delhi’s commitment:
   • A leader in promoting sustainable transportation and EV adoption.

TATA.ev initiative: Accelerating charging infrastructure

1. Charge Point Operator (CPO) and OMC Partnership:
   • Plan to install 22,000 electric vehicle charging stations in the next 12-18 months.
   • Powered by data insights for efficiency and demand management.
2. Successful Open Collaboration:
   • TATA.ev accelerates the development of charging infrastructure by sharing over 1.9 lakh EV data insights.

Sustainability and convenience: TATA.ev’s vision

1. Rooftop Solar and EV Financing:
   • Partnership with TATA Power:
     • Joint financing package for electric vehicles and rooftop solar.
   • Customer Trends:
     • 20% customers have already adopted rooftop solar installations.
2. Importance of charging at home:
   • 93% of EVs are charged at home.
   • Environment friendly and cost-effective solution.