EV charging facility as oil companies quadrupled the number of pumps with chargers in two years despite installation and consumer demand challenges.
EV charging facilities are available at about 17,900 pumps, with state-run oil companies accounting for 95% of these, according to the oil ministry data. Two years ago, only 4,100 pumps offered EV charging.
Indian Oil Corp is the leader with EV facilities available at 10,057 pumps. Hindustan Petroleum operates 3,705 pumps with chargers and Bharat Petroleum 3,146.
Utilization remains extremely low as charging stations haven't been able to address some fundamental challenges of EV owners, said an oil company executive engaged in setting up charging facilities at pumps.
«Most EVs are getting charged at home with slow chargers. It doesn't make sense for people to drive to pumps to use slow chargers and return to collect their cars hours later,» he said, adding that the current demand is mostly for top-up charges by fast chargers, which take about 45 minutes to charge 80% of a car battery compared to 6 hours for a slow charger.
Finance
A2Z Of Finance: Finance Beginner Course
By — elearnmarkets, Financial Education by StockEdge
Web Development
Advanced Java Mastery: Object-Oriented Programming Techniques
By — Metla Sudha Sekhar, IT Specialist and Developer
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By — Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Modern Marketing Masterclass by Seth Godin
By — Seth Godin, Former dot com Business