Introduction to the Report
In India today, the ratio of electric vehicle (EV) charging stations to EVs stands at 1 Charging Station per 135 EVs, as opposed to the global standard of 1 Charging Station for every 6 to 20 EVs. To promote the EV ecosystem in India, there is a need for a more extensive and robust charging infrastructure. This will need to be led by strong investments in the EV sector, from both public and private stakeholders, a robust legal framework, and Government incentives, to support the growth of charging infrastructure in the country. Through Charging Ahead – Part II, we make an attempt to join the dots in the policy, regulatory and commercial landscape for EV charging in India. India’s transition to electric mobility is at a crossroads and we believe that it will remain stunted if the country is not able to develop charging infrastructure that can support the growth of electric vehicles. It is in this backdrop that GameChanger Law Advisors (a reputed boutique corporate and commercial law firm) and Speciale Invest (a reputed seed-stage venture capital firm) have partnered to produce this report, where we have analysed regulatory frameworks pertaining to the manufacturing and setting up of electric vehicle charging stations, in 4 key jurisdictions around the world (California (US), United Kingdom, Singapore, and India). The Report offers Indian policy makers with recommendations based on perspectives from operators, investors, and lawyers.
About GameChanger Law Advisors
Our journey as a firm began in October 2011. More than a decade later, we have built a team of seasoned, ambitious, dedicated, dynamic and versatile lawyers. We have been consistently recognized for our work across industries and practice areas that we have chosen to practice in. We are driven by a desire to innovate, create value, build sustainable partnerships, and to learn, as well as to share knowledge with various stakeholders across the world. Our purpose is clear- we use our legal expertise to enable progress. We believe in the power of law to drive positive change. We take the India Story to the World and bring best practices from around the World to play within the Indian context. We are proud of the deep sector-specific expertise that we have developed in multiple industries, including Climate, Electric Mobility, Healthcare, Impact Investing, Social Enterprises, Sports, Technology and Venture Capital. Based in Bengaluru, India, we have built deep and long -term relationships with clients, business schools, law schools, incubators, accelerators and thinktanks across the globe.
About Speciale Invest
Founded in 2017 by Co-founders Vishesh Rajaram and Arjun Rao, Speciale Invest is a seed-stage venture capital firm that invests in founders building technologies of tomorrow. The firm backs ingenious entrepreneurs who use disruptive technologies to find innovative solutions that make an impact. The fund is a SEBI-registered Category-II alternative investment fund (AIF) and has seen participation from high-net-worth individuals (HNIs), ultra-HNIs, and other family offices. Speciale’s investment philosophy is centered around providing capital to startups with the potential to disrupt and transform their industries, with a focus on emerging technology areas such as SpaceTech, Aerospace, Green Hydrogen, Robotics, Batteries, Quantum Tech, AI-led SAAS, Dev tools, Data Infrastructure, and Large Language Model (LLM) Applications/Infrastructure amongst others. The fund has a successful track record of investing in pioneering deep-science & tech companies, including Morphing Machines, Ultraviolette, Agnikul Cosmos, ePlane Company, Cynlr, Qnu Labs, Galaxeye Space, Uravu Labs, Peptris Technologies, NewTrace, e-TRNL Energy, Wingman, StreamAlive, Airboxr, Trainn, and more. Led by a strong leadership team with decades of experience building tech products and managing technology funds, Speciale Invest is committed to working closely with founders to guide, mentor, and help them scale and grow their businesses.