There are many startups emerging in the business of EV Chargers. EV Demands in India shows a good trend however it doesn’t reflect into direct correlation with the number of EV sold. It could be COVID impact for benefit of doubt, however the challenges are with reference to lack of EV charging facilities and also lack of awareness of fuel savings. Many EV’s are being sold at premium prices.
Future will belong to the startups who can bring in a disruption in the pricing models of EV’s and charging infrastructure
Source:
https://evercharge.net/blog/chargers-should-solve-problems/
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