State of Electric Vehicle (EV) Charging Infrastructure & E-Bus Deployment in India

State of Electric Vehicle (EV) Charging Infrastructure & E-Bus Deployment in India (2024)

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📌 Executive Summary

India's electric vehicle (EV) ecosystem has witnessed rapid growth over the past three years, driven by government initiatives like FAME II , urban mobility policies, and increasing private sector participation. As of 2024:

• The country has over 80,000 public EV charging stations , growing at a CAGR of more than 150% since 2021.
• Major cities like Delhi, Bengaluru, Mumbai, Pune, and Hyderabad lead both in charger density and e-bus deployment.
• The e-bus fleet size stands at approximately 10,000 units , with projections estimating up to 75,000 units by 2030 .
• Key players such as Tata Motors, Ashok Leyland, JBM Auto, Switch Mobility, and Olectra Greentech dominate the manufacturing landscape.
• Government agencies like DTC (Delhi), BEST (Mumbai), TNSTC (Chennai), WBSTC (Kolkata), and BMTC (Bangalore) are the largest buyers.

This report provides a comprehensive overview of EV charging infrastructure and e-bus deployment across Indian cities, along with growth trends, city-level insights, supplier profiles, and future expectations up to 2030.

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Section 1: EV Charging Infrastructure in India

Table 1: Growth of Public EV Charging Stations in India (2021–2024)

Year	Approximate Number of Public Chargers	Remarks
2021	~2,600	FAME II boost begins
2022	~10,000	Private sector enters
2023	~40,000	Policy momentum builds
2024	~80,000+	FAME III proposed; highway rollout

Source : NITI Aayog Reports, Ministry of Power, Press Information Bureau (PIB), Industry Data (2024)

Table 2: Top Cities – Estimated Public EV Chargers (2024)

City	Estimated Chargers (2024)	Notes
Bengaluru	~15,000	Tech capital driving adoption
Delhi-NCR	~12,000	Government-led expansion
Mumbai	~8,000	Mixed model (govt + private)
Pune	~6,000	Industrial & startup demand
Hyderabad	~5,000	Smart city initiative focus

Source : PlugShare, OpenChargeMap, State EV Policies, Industry Reports (2024)

Future Outlook (2024–2029):

• Target under FAME III Proposal : 2.5 million public chargers by 2030
• Expected number by 2029 : 300,000 to 500,000
• Focus areas :
• Urban centers
• National highways
• Battery swapping for two-wheelers/commercial vehicles

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Section 2: E-Bus Deployment in Indian Cities

Table 3: E-Buses Operational in India – Overview (2024)

Parameter	Value
Total e-buses operational	~10,000
Under procurement/tender	~4,000
Target by 2030	50,000–75,000
Key scheme	FAME II / SATAT / State Policies

Source : Ministry of Heavy Industries, State Transport Corporations, Industry Analysis (2024)

Table 4: Top 5 Cities – E-Bus Fleet Size (2024)

Rank	City	Operational E-Buses (2024)	Notes
1	Delhi	~3,000	Largest fleet globally
2	Kolkata	~1,200	Aggressive state policy
3	Mumbai	~900	BEST-led rollout
4	Chennai	~700	Tamil Nadu EV roadmap
5	Bangalore	~600	BMTC + private operators

Source : DTC, WBSTC, BEST, TNSTC, BMTC Annual Reports, Media Reports

Table 5: Projected E-Bus Fleet Size by 2030 (Top 7 Cities)

City	2024 Estimate	2030 Projection	Notes
Delhi	3,000	12,000	Leading in scale
Mumbai	900	7,000	BEST + MMRDA plans
Kolkata	1,200	6,000	State push
Chennai	700	5,000	SATAT + TNSTC
Bangalore	600	4,000	BMTC expansion
Pune	400	3,000	Smart city program
Hyderabad	300	2,500	HMRTC planning

Source : State Govt Plans, Urban Mobility Reports, Industry Forecasts

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Section 3: Market Players – Suppliers & Buyers

Table 6: Top 5 E-Bus Manufacturers in India

Rank	Company	Key Clients
1	Tata Motors	DTC, BEST, Kerala, Rajasthan
2	Ashok Leyland	Kochi Metro, TNSTC, WBSTC
3	JBM Auto	Jaipur, Lucknow, Bhopal
4	Switch Mobility (TVS-SI)	Chennai, London (exports), PSUs
5	Olectra Greentech	Hyderabad Metro, Rajasthan, Delhi clusters

Source : Company disclosures, tender reports, industry analysis (2024)

Table 7: Top 5 E-Bus Buyers in India

Buyer	City / State	Role
Delhi Transport Corporation	Delhi	Largest buyer nationwide
BEST Undertaking	Mumbai	Municipal STU
West Bengal Transport Corp	Kolkata	State STU
Tamil Nadu State Transport	Chennai	State STU
Bangalore Metropolitan RTA	Bangalore	Urban transit authority

Source : Tender data, STU annual reports, media reports

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Conclusion & Key Takeaways

India's transition towards sustainable mobility is accelerating rapidly, particularly in the EV charging and public transport sectors. Some key takeaways from this report include:

• Rapid Infrastructure Growth : From just 2,600 public charging stations in 2021 to over 80,000 in 2024—a CAGR of over 150%—indicates strong policy implementation and investor confidence.
• Urban Leadership : Cities like Delhi, Bengaluru, Mumbai, Pune, and Hyderabad are leading the charge in both charging infrastructure and e-bus deployment due to favorable policies, funding, and urbanization rates.
• E-Bus Expansion : With around 10,000 e-buses operational today , India is targeting 50,000–75,000 by 2030. This will require coordinated efforts between central/state governments, manufacturers, and financiers.
• Major OEMs Lead Supply Chain : Tata Motors, Ashok Leyland, JBM Auto, Switch Mobility, and Olectra Greentech have secured most public tenders, indicating their dominance in the market.
• Policy Will Drive Next Phase : Implementation of FAME III , battery-swapping norms, and urban mobility strategies will define the next phase of growth.

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References

1. Ministry of Power, Government of India – Public Charging Infrastructure Report (2024)
2. NITI Aayog – FAME III Scheme Draft & Roadmap (2024)
3. Press Information Bureau (PIB) – Updates on EV Infrastructure (2024)
4. PlugShare & OpenChargeMap – Real-time EV Charging Station Data (2024)
5. State EV Policies – Delhi, Maharashtra, Karnataka, Tamil Nadu, Telangana
6. Company Reports – Tata Motors, Ashok Leyland, JBM Auto, Switch Mobility, Olectra Greentech
7. Urban Mobility Reports – BMTC, DTC, BEST, TNSTC, WBSTC
8. Industry Analysis – ICRA, Frost & Sullivan, BloombergNEF, and Economic Times