Karnataka EV Ecosystem: Powering the Future
Karnataka is one of the leading states in India in terms of electric vehicle (EV) adoption and charging infrastructure.
The state has a dedicated EV policy that aims to promote the development and adoption of EVs in the state.
The state has several EV manufacturers, suppliers, and service providers operating in various segments of the EV ecosystem.
EVs and EV charging station growth in Karnataka from 2017 to 2023
EV Sales and Registration
✔️ Karnataka had 34,885 EV sales in the financial year 2020-21, which was the second highest in the country after Uttar Pradesh.
✔️ Karnataka had 61 EVs sold for every 1000 non-electric vehicles in the financial year 2020-21, which was the highest in the country.
✔️ Karnataka had 9,703 EVs registered in 2017, which increased to 3,31,456 EVs registered in 2023.
EV Charging Infrastructure
✔️ Karnataka had 136 public charging stations as of July 2021, which was the third highest in the country after Maharashtra and Tamil Nadu.
✔️ Karnataka is planning to install 1000 more EV charging stations in the state under a public-private partnership model.
✔️ Karnataka has several EV charging station providers that offer AC and DC charging solutions for various types of EVs.
EV Manufacturers and Suppliers
✔️ Karnataka has several EV manufacturers and suppliers operating in the fields of electric 2W, electric 3W, and lithium batteries.
✔️ Some of the electric 2W manufacturers based in Karnataka are Ather Energy, Emflux Motors, Tork Motors, and Ultraviolette Automotive.
✔️ Some of the electric 3W manufacturers based in Karnataka are Mahindra Electric, Piaggio, Kinetic Green, and Gayam Motor Works.
✔️ Some of the lithium battery manufacturers and suppliers operating in Karnataka are Exicom, Amara Raja, Lithion Power, and Sun Mobility.
EV Service Providers
✔️ Karnataka has some EV-based fleet operators that provide electric vehicles for various purposes like delivery, ride-hailing, and corporate transport.
✔️ Some of the EV-based fleet operators in Karnataka are Bounce, Yulu, BluSmart, and Ecoyan.
✔️ These EV-based fleet operators offer electric scooters, bikes, cabs, trucks, vans, and three-wheelers for rent, subscription, or booking.
Conclusion
✔️ Karnataka is a pioneer and a leader in the EV ecosystem in India.
✔️ The state has a supportive EV policy, a growing EV market, a robust EV infrastructure, and a diverse EV industry.
✔️ The state has the potential to become a hub for EV innovation and excellence in the country and the world.
