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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A piece of technology that provides electricity to electric cars is known as an EV charger. Its primary function is to maintain a vehicle's mobility by recharging the battery of an EV.
Some electric cars (EV) include a charger that can convert alternating current (AC) energy into DC and then transfer that power to the vehicle's charging port, although the batteries of the majority of eclectic vehicles can only be charged with direct current (DC) power.
Additionally, it is anticipated that the development of technologies such as bi-directional charging, smart charging with load management, automated payment technology, and portable charging stations would open up new potential prospects for the industry.
The India EV Charger Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
G G Engineering Ltd., a company listed on the SE, has announced the introduction of its new product line, the EV Charging Station. The firm has designed an EV Charging station from 3 KW to 22 KW with the goal of increasing its product range.
The firm is going to start making EV charging stations. Vehicles with 2, 3, or 4 wheels must be charged at these stations. The final product will be 100 percent "Made in India."
The product will raise demand for these items and the government of India and the state government's attention to the use of clean energy while effectively lowering the use of fossil fuels. The firm anticipates carving out a niche in the market.
In an effort to improve the nation's EV charging infrastructure, MG Motor India today unveiled a new project called "MG Charge."
The business claims that this new effort, which will see MG install 1,000 AC fast chargers at residential locations around India, is a first for an OEM in that country.
The majority of the top existing and upcoming EVs will be supported by MG's new Type 2 SMART chargers. Additionally, these chargers will handle SIM cards and be backed by a scalable charging management system.
According to MG, the linked AC charging stations will provide for the EV charging needs of the inhabitants and guests of the communities and will be available around the clock.
The Open EV Charging Platform from Bolt. Earth has been launched. With the help of this platform, all charging stations in India will be integrated into one place.
With the help of this project, charging will be more widely available and will be able to fulfil the nation's growing demand for them.
Users of electric vehicles in India can find and use charging stations through Bolt.Earth, which will serve as a central hub.
The charging infrastructure of Bolt.Earth is intended to be efficient for hosts as well as user-friendly. It includes an industry-first peer validation mechanism and a strong verification methodology.
In addition to effectively integrating with more than 20 OEMs of EV chargers, mobile apps, and electric vehicle manufacturers, Bolt.Earth's Open EV Charging Platform can already give users access to more than 20k+ charging stations.
This platform interacts with EV users to greatly enhance the charging experience for EV customers and put an end to range anxiety.
With the help of the business' Open EV Charging Platform, leading EV manufacturers, fleet operators, and charging point makers can now join their charging stations to the Bolt.
Earth network. The EV tech business requested that third-party, app-based service providers integrate Bolt.
Earth charging services into their apps in order to facilitate EV charging. Launching the Open Electric Vehicle Charging Platform makes us very happy.
Both Tier-1 two-wheeler electric vehicle manufacturers and independent service apps like Highway Delite, Park+, and Log9 have found great success with this platform.
For the nation to enable interoperability across various charging networks, this platform is crucial.
Additionally, it permits more consistent energy use across the board for all EV users, whether they are operating a two-wheeler, three-wheeler, or four-wheeler.As EV sales in India reach a turning point, there is a sharp rise in the need for charging stations.
By linking charging stations with a single app, Bolt.Earth's Open Electric Vehicle Charging Platform is made to satisfy this demand. The demand for charging points can be met by charging point hosts thanks to this platform.
This platform will make it simple for EV charging customers to connect with EV manufacturers and charger point providers.
The Charger Management System (CMS) and Bolt EV Charging App are also parts of the Bolt.Earth software stack.
This makes it possible for hosts and manufacturers to monitor the health and usage of charging points in real time.
The Open EV Charging Platforms give third-party apps a method to improve the services they offer for in-app purchases and include EV charging as a value-added feature.
Service providers can incorporate charging services into their apps by using Bolt.Earth's SDKs and APIs, which are made available to them.
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in theIndustry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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