EVBooth is transforming India’s electric vehicle eco-system by expanding its smart charger network, focusing on Tier 2 and 3 cities, rural India, and the North East region, says Ravi Bora, CEO of EVBooth in an interview with EVolution Auto India. Excerpts:
2024 Reflections
Key achievements in the EV sector:
2024 has been a milestone year for our company. We kicked off the year with the successful launch of our 3.3kW and 7.4kW OCPP devices, boasting 100 percent solar compatibility. We are proud to have partnered with esteemed clients like IOCL, set up charging stations to support their operations. Our network expansion has been remarkable, with significant growth across the North East region, and successful forays into Uttar Pradesh and Uttarakhand. We are excited to announce our imminent entry into West Bengal and Rajasthan, further solidifying our presence in the market.
Emerging technologies driving sustainability:
Since EVs drastically cut carbon emissions, they are promoting sustainability in energy and transportation. Due to their high levels of pollution, conventional gasoline and diesel vehicles are being replaced at a rapid pace. Given their zero exhaust emissions, electric vehicles (EVs) are more ecologically friendly than fossil fuels. In addition, they are more economical to charge than gasoline or diesel, and they are more efficient. The environmental advantages of electric vehicles (EVs) are enhanced when combined with renewable energy sources, including household solar panels, which further lowers energy expenses and reduces the carbon footprint.
Key Challenges and Barriers:
Rapid advancements in EV adoption may strain automakers’ ability to profit, and the lack of adequate charging infrastructure, limited vehicle selection, range anxiety, and high costs continue to deter consumers. Hence, it’s crucial to balance progress with careful consideration of challenges like petroleum byproducts and the stress on the electric power grid. A fast-paced shift could disrupt the transition to low-carbon energy, but delaying action would hurt future generations and delay the creation of a sustainable planet. We need a strategic, well-planned approach to overcome these barriers.
2025 Look Ahead
Top goals for advancing EV ecosystem:
EVBooth is transforming India’s electric vehicle eco-system by expanding its smart charger network, focusing on Tier 2 and 3 cities, rural India, and the North East region. Our mission is to enhance green transport solutions for intra-city, last-mile connectivity, and rural electrification, promoting a faster adaption of cleaner and sustainable mobility.
Through our user-friendly app, EV owners can access our charging stations seamlessly. Our goal is to establish India’s largest network of AC and DC charging booths, paving the way for a sustainable future.
In 2025, we plan to expand aggressively across Uttar Pradesh, Rajasthan, Bihar, Uttarakhand, West Bengal, Karnataka, and Madhya Pradesh. We aim to install 2,500 chargers and commission 200 EVbooth charging zones by the end of 2025, driving India’s e-mobility revolution.
Innovations expected to impact the industry:
Innovations driving the rapid energy transition, such as the push for the adoption of electric vehicle (EV) and AI-powered technologies, will significantly impact the industry. Traditional energy grids, developed over 150 years, are not designed to accommodate the increased demands of EVs. Simultaneously, consumer demand for AI-enabled smartphones and computing is pushing changes in power generation, transport, and distribution. These shifts require substantial investments in new infrastructure and innovation, which may lead to higher energy costs in developed markets. Due to the interconnected global energy system, these impacts are likely to spread worldwide.
Trends shaping the future of sustainable mobility:
The growing popularity of electric vehicles will reduce the demand for gasoline and diesel, which will have an impact on fossil fuel-dependent sectors. Commonly found in EVs, lithium-ion batteries have excellent power-to-weight ratios and energy efficiency, which helps lower carbon footprints. Furthermore, switching to bio-based materials can lessen dependency on petroleum products and mitigate the effects of declining demand for gasoline and diesel. Although encouraging, these developments will need time and money to develop into workable solutions for India’s sustainable mobility.