As per a Grant Thornton Bharat-FICCI report released in June last year, India will need 4 lakh charging stations to meet the estimated requirement of 20 lakh EVs plying on the roads by 2026. However, according to the Society of Manufacturers of Electric Vehicles (SMEV), an industry body, there are only 1,800 charging stations as of March 2021.
Sayantan Chakraborti, an alumnus of RSM, discusses the future of electric cars in India. Chakraborti has a strong foothold in the banking and financial services space building and operating scalable IT platforms with the likes of Tibco, TD Bank, ABN Amro Bank and NN Investment Partners.