In today's time, several EV charger manufacturers are coming up, with the motive of spreading their network and establishing their footprints to gain an early mover advantage. Currently, there are more than 21 such companies in India, some of the best-known ones are P2 Power solutions, Lubi EV solutions, EVRE, EVQpoint, goEgo Network, Magenta Power, EESL, Volttic, Charge+Zone, Nikol EV, Zeon Charging, Plug n Go, Alphaa Ev, ABB India, Okaya, ExicomMass-Tech, Fortum India, Delta Electronics India, CHARZER, and Tata Power.

The time taken to charge an EV vehicle is dependent on the type of charger being used and its battery capacity. In the case of an AC charger, regardless of the voltage i.e whether you use 7.3KW or 3.3KW, the charging duration will depend on the conductor which converts the AC into DC because a car can only be charged by DC. On the other hand, a DC fast charger like the new Terra 360 modular charge by ABB can charge up to four EVs with dynamic power distribution and a maximum output of 360KW. It can charge an EV vehicle in less than 15 minutes.

ABB India claims to make the fastest EV charger in the world as they have introduced their Terra 360 modular charger which can charge up to 4 EV vehicles simultaneously and has a maximum output of 360KW which can charge a vehicle in less than 15 minutes.

Currently, many players like CPO, CN, FLEET, and OEM’s are setting up their base and marking their territory in India. The government is highly supportive of companies who are interested in setting up personal/residential charging stations targeting real estate within society premises with the target of moving India towards a zero-emission goal.

EV is the next big thing for the automobile industry in India promising supersonic low-cost mobility/commute for Indians. In 2021, over 3L electric cars were sold in India. However, the lack of infrastructure is one of the major reasons why people are skeptical about investing in an EV at the moment. Over time, many companies are focussing on durable and affordable smart socket chargers to cater to the growing demand of users. An EV charger price starts at around Rs. 2999 and can go up to Rs. 1.5L + for AC charging solutions.

While many countries worldwide have moved to electronic vehicles, Indians are starting to realize the importance of adopting environment-friendly vehicles. Car manufacturers like TATA, Mahindra, Hyundai, Nissan, MG are investing a lot in producing EVs, and presently the most loved one is TATA Nexon for its emerging looks and driving range and on-road price between 14-18 lakhs.