New Delhi 22 November : .As governments around the world, including India offer incentives to encourage mass adoption of electric cars, a report on Monday said that 1.5 billion EV charging sessions per year in 2026 will be more than 200 million. According to Juniper Research, this remarkable rate of growth will exceed 665 percent over five years.
It will be driven by increased government incentives and more widely available charging services.
Nick Maynard, research author, said that while EV charging at home will continue to be dominant, the public charging rollouts will become a key focus moving forward.
Their installation will help users without off-road parking access to electric mobility.
These findings show that home charging is expected to decline in the future, with over 70% of all electric vehicle charging sessions occurring in 2026, as opposed to just under 80 percent in 2021.
The report revealed that charging station revenue does not translate directly into hardware revenues for vendors.Public charging stations accounted for 56% of global charging station revenue in 2026.
Fast charging DC (direct current), stations that can charge EVs at high speeds will become the new king of the EV charging market.
The report suggested that EV charging vendor partners with government and other stakeholders (including fuel retailers) to coordinate public charging network rollouts.Otherwise, mass electrification will stall.
Many states of India already have their own EV policies.
The Central government also exempts EV registration fees throughout the country.The Central government is now encouraging private EV companies to establish public charging networks.
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