Housing societies make a dash for setting up EV charging infra – ET Auto

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In a bid to boost EV sales and bring down the city’s carbon footprint, the Telangana government had rolled out the Telangana Electric Vehicle and Energy Storage Policy, 2020-2030, in October last year.

Hyderabad: With the demand for electric vehicles (EV) slated to pick up over the next few years, gated communities and residential apartments in the western corridor of the city are all charged up about providing the necessary EV charging infrastructure to residents who own EVs.In a bid to boost EV sales and bring down the city’s carbon footprint, the Telangana government had rolled out the Telangana Electric Vehicle and Energy Storage Policy, 2020-2030, in October last year. Telangana already has about 20 electric vehicle manufacturers including two wheelers, three wheelers, retrofits and bus makers.

Housing societies make a dash for setting up EV charging infra
A year after the official launch of the policy, many gated communities and residential apartments have already begun putting in place the requisite EV infrastructure or are in the process of devising a plan to do so.

Especially with the prices of petrol and diesel zooming past the Rs 100 mark, sending many residents scurrying to make the switch to EVs that will be lighter on the pocket in the long run. “Considering the petrol prices have already crossed 100 mark and are rising by the day, investing in an electric vehicle only made sense to me as my job requires me to travel to the IT corridor on a daily basis,” said Vidya Krishnan who works for an engine equipment manufacturing company.

Gated communities such as My Home Bhooja and My Home Avatar have taken the lead to set up EV charging stations within their community.

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Experts attribute the surge to both demand- and supply-side factors. Outreach by manufacturers, improved charging infrastructure, price parity with conventional vehicles due to federal incentives and falling battery prices are driving sales.



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