1. Delhi-based startup to install EV chargers at ‘Hindustan Petroleum’ petrol pumps in 3 states.

EVI Technologies (EVIT) will set up EV chargers at Hindustan Petroleum (HPCL) petrol pumps, in major cities & highways in Uttar Pradesh, Bihar & Uttarakhand. The company will install slow & fast EV chargers for electric 2, 3 & 4-wheelers at 136 locations across the 3 states.

EVIT is an emerging company involved in Electric Vehicle chargers including home & workplace charging and ultra-rapid charging for buses.

2. Charge+Zone to focus on DC fast EV charging stations.

The Gujarat-based company, established in 2018, will install over 5000 DC fast EV charging stations in India by 2025. Out of these 5000, 1000 stations will be set up by the end of FY23.

These fast charging stations will be available mainly for electric buses & cars.

Charge+Zone has tie-ups with Ashok Leyland and Marriot Hotels. The company has developed large EV charging hubs for Ashok Leyland and is deploying fast EV chargers at more than 100 Marriot properties.

The company specializes in B2B & B2C charging services. A ‘Dealer Owned Company Operated’ (DOCO) model is also offered for establishing public charging stations.

3. Hyundai planning an affordable hatchback EV for Indian market.

Hyundai Motors is on course to develop a small electric car for the Indian market. The company aims to have as much localization as possible, to cut down on manufacturing costs which in turn will make the car affordable.

Hyundai has elaborate plans to expand its EV lineup in India. The carmaker has already announced plans to roll out six electric cars by 2028.

Tarun Garg, Director (Sales, Marketing & Service), Hyundai India, gave out a statement that ‘enhancement in the EV charging infrastructure is crucial for the EV ecosystem to succeed in the country.’

4. EV industry to generate 7.5 lakh jobs in next 5 years.

According to TeamLease, a staffing solutions provider, an estimated 7.5 lakh jobs in the Electric Vehicle industry will be available in the next 5 years.

Hiring in the EV space has gone up nearly 30% in last 2 years.

Tata Motors recently announced hiring in the EV space. EV charging solutions company ‘Magenta’ plans to hire over 340 employees in 2022. Bajaj Auto also plans to start hiring for its new EV plant in Pune.

According to industry experts, those with B.Tech in electronics & electrical fields may get more preference, followed by mechanical.

Data analysis, design & chip simulation are hot fields in the EV sector.

As per Raman SR, Chief People Officer at nanotech firm ‘Log9 Materials’, streams such as instrumentation & chemical engineering will also find space in the industry in coming years.

At present, EV is not offered as a subject or specialization in engineering colleges. Those who want to enter the EV industry should look for internship opportunities to enable a more hands-on experience. With EV sales set to boom in the next 5-7 years, backend support will also be crucial. Jobs in customer support, customer sales, after sales-service, etc will provide opportunities for non-science professionals as well.

5. A new entrant in the automobile market.

Japanese tech giant ‘Sony’ has entered the automobile market and has jumped straight in pursuit of the next generation of mobility: EVs. Sony has joined hands with Honda and set up a joint venture named ‘Sony Honda Mobility Inc’. This new company will be involved in EVs and its related services and plans to begin sales in 2025.

Sony surprised everyone when it showcased the ‘Vision-S’ concept car a while back.

Both companies will contribute five billion yen each ($37.52 million) of capital to Sony Honda Mobility, making a total of ten billion yen ($74 million), and each will have a 50% stake in the company.

Sony isn't the first tech company to show interest in electric cars. Apple has been rumored to be working on an electric car project as well.

For complete EV charging solutions, explore the Kazam website.