58% potential EV buyers discouraged by range anxiety
Published in December 2024 in Business Standard
Nearly 58 per cent of potential electric vehicle (EV) buyers in India are discouraged by range anxiety—the fear of running out of charge without access to a charging station.
According to a new report from Forvis Mazars in India, as of February 2024, the country had just 12,146 public charging stations nationwide—one charging point for every 135 EVs on the road. In contrast, the United States and China boast far better ratios of one station per 20 EVs and one station per 10 EVs, respectively.