2024 will be remembered as a defining year for electric mobility in India and across the globe. What started as a conversation about the future of transportation has now become a reality. This year marked the shift from isolated progress to a connected, interoperable EV ecosystem. EVs are no longer a question of “if” but of “how far and how fast.” And 2024 gave us the answers: smarter infrastructure, digital integration, and strong policy support.

Revolutionising the Charging Infrastructure

This year saw charging infrastructure evolve beyond expansion; it became smarter, faster, and unified. One of the key milestones was the rise of interoperable networks. Initiatives like the Unified Energy Interface (UEI) and open protocols like Open Charge Point Interface (OCPI) are connecting fragmented charging networks into one seamless system. 

For EV owners, tools like Google Maps further simplified the experience. From locating the nearest public charging station to providing real-time availability and AI-driven trip planning, accessibility has become second nature. Range anxiety, once a major hurdle, is now rapidly fading into the rear-view mirror with over 20,000 public chargers installed across India currently. This marks a significant increase from 10,000 chargers in 2023. 

Home or private use continued to hold the lion’s share for absolute energy demand for EV charging. This was followed by Delhi, Maharashtra, Karnataka, and Assam. Tier 2 and Tier 3 cities in India have shown to be remarkably adept at making the switch to EVs, mostly due to the total cost of ownership for 2 and 3 wheelers now favouring electric vehicles. The market for electric two-wheelers alone grew 85% YoY in October 2024.

EV Operators, whether cab fleets or e-commerce operators, have also rapidly transitioned to EVs, supported by smart charging software solutions that not only optimise fuel costs but also digitalise entire fleet operations—enhancing delivery times and route scheduling. Whether it’s e-commerce fleets, bus depots, or logistics hubs, businesses now manage their entire EV operations under one roof. Bus depots also started transitioning to electricity management systems, with the government’s electrification push.

Digital Innovations: A Seamless Transition for Everyone

The EV transition isn’t just about the vehicles—it’s about the systems powering them.

• Charger Management Systems (CMS): Fleet operators, e-commerce giants, and city transport systems now have full visibility and control over their EV charging operations. From tracking energy consumption to scheduling charging during off-peak hours, CMS is simplifying EV adoption at scale.
• Connector-Level Load Balancing: These are smart algorithms to distribute energy across connectors efficiently. This ensures consistent charging performance, minimizes downtime, and prevents overloads.
• Dynamic Tariff Optimisation: Using predictive analytics, systems can analyse historical data, user behaviour, and demand patterns to recommend optimal tariff strategies. These include dynamic pricing models such as time-of-day, SOC-based, and energy demand-linked tariffs, ensuring revenue maximisation and enhanced customer satisfaction.
• Energy Management Systems (EMS): Innovative energy optimization enhances the reliability, efficiency, and cost-effectiveness of grids, charging networks, and large-scale EV systems. By integrating intelligent oversight of operations like depot management, including vehicle scheduling, energy balancing, and maintenance coordination, our EMS ensures smooth, efficient performance across the board. For businesses, transit operators, and individuals alike, the transition to EVs has become remarkably seamless.

These advancements don’t just solve operational challenges—they accelerate EV adoption across industries, enabling businesses and consumers to make the transition effortlessly.

Policy Support: Enabling Innovation and Adoption

In 2024, the government showed immense proactiveness with policies providing the backbone for India’s EV growth. The FAME-II Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) and the PM E-DRIVE Scheme provided substantial incentives for manufacturing and infrastructure development. The Bureau of Energy Efficiency (BEE) expects 46,397 public charging stations to be built across 9 cities by 2030. In 2024, the PM E-DRIVE scheme sanctioned installation of 74,300 electric vehicle public charging stations (EVPCS). Additionally, states released Time of Day tariffs and Smart Metering policies, paving the way for a future-first approach to managing energy demands from our 2030 electrification dreams. 

In 2023-24, the EV market saw a 42% increase in sales, with over 150 startups in the electric two-wheelers segment. This robust growth highlights the significant strides India has made in the EV sector. India is no longer catching up—it’s setting global benchmarks.

What 2025 will hold

As we reflect on 2024, one thing is clear: the EV revolution isn’t just about the vehicles on the road—it’s about the ecosystem that supports. India, with strong public-private partnerships can definitely lead the global south and other emerging economies with similar transportation and grid patterns as ours. A few trends that will continue to be key themes in 2025 include:

-Interoperability – Both EV owners and Charger Operators will continue to find ways to expand their networks and have the growing demand for charging meet the growing supply at mutual points of convenience. Single-brand apps will give way to platforms where users can view aggregated networks. 

-EV Charging infrastructure for new construction will become the norm, keeping in mind wiring and load requirements for multiple EVs charging at the same time in housing complexes, offices, malls for example.