Non-availability of charging stations is always blamed for the slow adaption of electric vehicles in India. However, the limited numbers of EVs running on the road keep charging station companies in limbo. For charging station operators, especially private ones, aggressive business investments are still a big gamble. However, according to Varun Chaturvedi, MD & CEO, Volttic, charging stations’ numbers depend on EVs’ penetration in India. “Instead of discussing the classic chicken and egg problem and comparing the Indian EV market with the western market, we need to understand the penetration of EVs and charging stations will happen simultaneously,” says Chaturvedi.

The electric vehicle charging stations market is expected to exceed more than USD 30 billion by 2024 at a CAGR of 40%. As per a rough estimation, currently, there are around 1,000 Bharat DC001 charging stations and over 1,000 Bharat AC001 charging stations are available in India.

The Indian Government also announced its intention to set up at least one e-charging kiosk at around 69,000 petrol stations across India.

Volttic is a leading charge point operator (CPO) in India running EV charging stations pan India. The company provides complete end-to-end EV charging solutions for home and commercial segments.

“Volttic focuses a business strategy which benefits for all- OEs, EV owners and us,” adds Chaturvedi.

The company is consciously setting up EV charging stations with customised solutions on demand in the country. “Rather than putting charging infrastructures where nobody comes, we are tying up with people who are ready to use our solutions,” he explains.

The company is currently focusing on fleet operators, which Chaturvedi predicts, will have faster growth in India when it comes to the EV adoption. As of now, Volttic’s dedicated charging and public charging stations ratio is 80 percent and 20 percent, respectively.

In the B2B segment, Volttic’s clients are employee transporters, while in the B2C, the company serves taxi fleets.

“We are strategically deploying our charging stations to relieve our customers from range anxiety and carry smooth transportation without breakdown,” he says.

Having a background of electrical engineering, his core expertise is in electrical equipment, chargers, batteries, and the power sector. Elaborating his decision to venture into the EV charging station business, he says, “In 2016-17, there were hardly any players in the EV charging station business, though it was gaining momentum in Europe and the US. The charging station business was relatively new in India then, and everybody had to start from scratch, which provided equal challenges and opportunities. Being an entrepreneur, you should adopt a business where you have the expertise and control over the technologies. We knew the EV charging station will mostly evolve on as a service.”

Volttic’s Co-founder, Surendar Pratap Singh, too comes from the electric background, while the other co-founder, Shweta Chaturvedi, hails from the software industry. “Having the background of hardware and software, we are completely self-dependent in the EV charging supply chain,” Chaturvedi adds.

However, challenges are larger in deploying public EV charging stations compared with dedicated ones. Explaining the challenges further, Chaturvedi says, “Generally, two to three days are needed to set up a dedicated EV charging station in a corporate premise as most of the infrastructure such as power supply, wiring and parking space is readily available. However, when it comes to a public domain, we have to spend months scouting a location, then getting power supply from DISCOM takes time as well.”

EV charging takes more time than gasoline refuelling, and EV consumers expect to have charging station points at their preferred locations, time, and price to avoid range anxiety. Chaturvedi added that public EV charging stations should be deployed in public spaces such as malls, restaurants, hotels, shopping complexes and others where they can indulge in other recreational activities while the vehicles are being charged.

The company provides technology-oriented solutions consist of Bharat DC01 & Bharat AC01, CCS2 Chargers & ChadeMo Chargers to serve the clients’ needs. Currently, it operates around 123 charging points AC/ DC mix and plans to order around 50 double guns fast chargers with 100 charging points in the next couple of months. In the next five years by 2025, Volttic aims to have around 5,000 plus machines with double guns. “So, if we talk about charging points, we will have between 10,000 plus charging points in the next five years,” adds Chaturvedi. The company is in the process of executing an order of USD1 million in the next few months.

On the policy side, he urges a push for private charging players as well. Last year the Government had given in-principle approval to firms, including NTPC, EESL and REIL, to set up 2,600 EV charging stations.

“Last time, under the FAME-II, subsidies were given to EV charging stations operated by PSUs. This time too, an Expression of Interest (EoI) has been invited for highways and expressways.” However, he advocates that the EV ecosystem should not only depend on subsidies. “We need to come out from the mindset of incentives. Once subsidies are stopped, many nights by flyers vanish from the market,” he says.

Volttic focuses on better utilisation of the EV charging machines to have economic viability in the business.

“If my dedicated charging machines are utilised for ten to twelve hours and public charging stations are utilised for around six to seven hours per day, I can achieve economic viability,” says Chaturvedi.

Volttic’s all EV charging machines are manufactured according to government standards by its strategic partners in India. Deployment and maintenance are taken care of by Volttic. “Software is the backbone of our business. Station monitoring, tariff management, booking slots, navigation, payments and app, everything is managed by in-house software team,” adds Chaturvedi. The company provides public EV charging app with all advance feature set for EV drivers. Easy navigation to nearest charging stations, booking, payment and all transaction details just in a click with Volttic mobile application. The app also provides complete details of charging station and availability for charging slots and many more advance features for EV users.

Margins in the business widely depend on the operating costs, which again vary from city to city. EV charging stations charge in both ways- per unit (kWH) or hours or minutes basic, and In India, EV charging stations in use the former way to charge tariffs. “Operating cost and subsequently, tariffs depend on many factors. Many states have adopted the EV policy so there are caps on per unit charge, while states that have not adopted the EV policy charge commercial rates per unit. Besides, location rents and machine cost also determine the tariffs. But yes, the tariff has to be lower than per km costs of fossil fuel-driven vehicles. Commercial viability can be achieved if machine utilisation rates are good,” explains Chaturvedi.

Talking on the feasibility of procuring energy from solar, he says, “Again to install a dedicated solar system, you need CAPEX. Even if it is fitted and the machines’ utilisation remains low, where will we dump electricity or inject in the grid at ever lower net metering? However, our ultimate goal is to get energy from renewable resources in future, when we have good hours of machine utilisation to consume dedicated renewable power energy. Also, within city getting rooftop location to develop a 50-70 KW solar plant will be another challenge, so we are more aligned toward our nationwide renewable integration up to 175 GW by 2022 and subsequent more to the coming year.”

As most EV charging station business is being driven by commercial fleet operators, availing value-added services do not bring more business rather bring more liability, thinks Chaturvedi. “Value-added services are good for personal/ individual vehicle owners, whereas commercial fleet operators think of the total cost of operations,” tells Chaturvedi.

Chaturvedi quotes battery swapping is currently not viable for electric 4W and buses as it needs heavy infrastructure.

Moreover, it is not viable unless battery packs and technologies are uniformed in the electric car and buses by all OEMs, which looks very difficult in coming time as well.

“Since Volttic is using only Government approved EV Chargers standard and that are adopted by all OEM of four-wheeler cars and buses, so most of the client are fleet of electric car and buses. For two and three-wheelers, swapping is a more convenient option as most of them currently available in the market do not have the facility to charge fast with DC chargers. So swapping is the way to get a quick top-up by replacing charged batteries,” adds he.

It requires robust infrastructure such as bulk charging system, a software system to get details on batteries. The business is only successful when fleets run over 200 km per day, and there is a good number of volume of 2W & 3W,” says Chaturvedi. However, the company is also exploring options of getting into battery swapping business with two and three-wheeler fleet companies. (MT)

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Ashok Leyland has announced plans to invest over INR 50 billion in the development and manufacturing of next-generation batteries. The move is part of the company's strategy to become a key player in India's electric vehicle (EV) ecosystem and support the government's vision for a sustainable, green economy.

The investment, to be rolled out over the next seven to 10 years, will enable the company to produce batteries for its own electric vehicle portfolio, as well as for the broader automotive and energy storage sectors.

To facilitate this, Ashok Leyland has entered into a long-term, exclusive partnership with CALB Group, a leading Chinese battery technology firm. The agreement was signed by Ashok Leyland’s Managing Director & CEO, Shenu Agarwal, and CALB’s CEO, Jacky Liu.

Dheeraj Hinduja, Chairman, Ashok Leyland said, “Ashok Leyland is deeply committed to shaping the future of sustainable mobility in India in full alignment with Government’s vision. Our strategic partnership with CALB is a significant step towards creating a localised battery supply chain in India to accelerate adoption of electric vehicles in India and reduce our dependence on fossil fuels.”

Shenu Agarwal, Managing Director & CEO, Ashok Leyland, said, “In the initial phase, the new battery business shall focus on automotive sector, and then move to non-automotive areas as well, including energy storage systems. A Global Centre of Excellence will be created to serve as a hub for research and development, fostering innovation in battery materials, recycling, battery management systems, and advanced manufacturing processes.”

This partnership is the latest in a series of investments by the Hinduja Group in electrification, which also includes electric vehicles, mobility-as-a-service, charging equipment, and vehicle financing.

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Affordable Robotic and Automation (ARAPL) has appointed Meru Cabs Founder Neeraj Gupta as its Strategy and Growth Advisory Director.

Gupta brings over two decades of experience as an entrepreneur and leadership experience. He built Meru Cabs into a mobility brand with a customer base of over 15 million users and a fleet of over 20,000 vehicles. Meru operated at major airports and offered both inter- and intra-city services. He sold his stake in Meru in June 2021 to the Mahindra Group. Before Meru, in 2000, he founded V-Link Tours & Travels, which grew to be one of the largest enterprise mobility companies in India.

Milind Padole, MD, ARAPL, said, "We are delighted to welcome Neeraj on board. I found in Neeraj the same madness and passion to build a robotic company as mine – one that can be scaled on the world map. His proven expertise in building scalable business models and navigating disruptive industries will strengthen our strategic vision. We are undergoing a transformative stage that requires the right partners to take the ARAPL journey to the next level. Having an advisor with such rich experience as Neeraj will further enrich the company’s growth plans ahead."

Gupta's understanding of scaling businesses, customer-centric innovation and partnerships will provide direction as ARAPL accelerates its growth.

"I am excited to join ARAPL at this crucial juncture in its growth journey. With its strong foundation in robotics, proprietary technologies and international presence, led by Milind and team’s vision, ARAPL is well-positioned to capture emerging opportunities in automation across industries. I look forward to working with the leadership team to unlock new growth avenues and create long-term value."

ARAPL has demonstrated innovation in robotic welding, multi-level car parking, warehouse automation and AI-based robots. With Gupta’s insights, the company aims to expand its footprint in Europe, the Middle East and the US. It also plans to increase its presence in sectors like autonomous logistics and port automation.

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Porsche is set to bring a new level of entertainment to its vehicles through a collaboration with AirConsole, a leading in-car gaming platform. The new Porsche Macan, arriving later this year, will be the first model to feature a curated library of multiplayer games, transforming car rides into a shared entertainment experience.

The integration allows passengers to use their smartphones as controllers to play a variety of games on the vehicle’s infotainment screen. When the car is parked, all passengers, including the driver, can participate. While on the move, gaming is restricted to the front passenger display, ensuring the driver remains focused on the road. The system uses Porsche’s integrated screen privacy features to keep the display safe and distraction-free.

Anthony Cliquot, CEO, AirConsole, said, “Our collaboration with Porsche is a powerful signal of how quickly AirConsole is scaling in the automotive industry. In just two years since launching our in-car platform, we’ve partnered with some of the world’s most respected car brands, now including Porsche. This momentum confirms that gaming has a meaningful place in the future of mobility, and we’re proud to be leading that evolution.”

To access AirConsole, users can simply download the app from the Porsche App Centre. Passengers then connect their smartphones by scanning a QR code on the screen, with no need for additional hardware. The platform supports up to five players, allowing for both collaborative and competitive sessions.

AirConsole specialises in casual, short-session games that are optimised for the in-car environment. The growing catalogue includes popular titles like Who Wants to Be a Millionaire?, Overcooked, and UNO Car Party!, ensuring a wide range of options for passengers.

The AirConsole platform will be available in the new Macan starting at the end of this year, rolling out in all markets where Porsche Connect is offered, with the exception of China.

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Japanese automotive major Honda Motor Co, has announced that it will present a wide range of mobility products and technologies at the Japan Mobility Show 2025, scheduled from 29 October to 9 November at Tokyo Big Sight.

The company said it will display automobiles, motorcycles, power products, aircraft and concept models under its theme of ‘The Power of Dreams.’ Among the highlights will be the Honda 0 Series EV models, due for global market introduction in 2026, as well as the full-size interior mock-up of the HondaJet Elite II, which allows visitors to experience its spacious cabin.

Key exhibits will include the Honda 0 Saloon Prototype and Honda 0 SUV Prototype, both making their Japan debut. Honda will also present production models such as the CUV e:, a Class-2 electric commuter powered by swappable batteries and the Rebel 1100 S Edition cruiser with dual clutch transmission.

Beyond land-based vehicles, Honda will showcase the Honda BF350 outboard motor and the HondaJet Elite II business jet interior. The brand will also participate in programmes organised by the Japan Automobile Manufacturers Association (JAMA), including the Tokyo Future Tour 2035 and the Mobility Culture Programme.

Honda said: “The Honda booth is designed to enable the visitors to experience dream-inspiring mobility products Honda created with its original technologies and ideas while being driven by its own dreams.”

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