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India’s Oil Companies Lead EV Charging Expansion Amid Low Utilization Rates

Summary by evmagz.com
India’s state-run oil marketing companies (OMCs) have installed over 25,852 EV charging stations, with only 5,817 funded through the government’s Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme, The Hindu Business Line reported. The majority—20,035 stations—were financed by Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd. In 2021, [...] The post India’s Oil Comp…
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evmagz.com broke the news in on Thursday, April 3, 2025.
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