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Charged for Change: How EVs are Reshaping Indian Real Estate
Charged for Change: How EVs are Reshaping Indian Real Estate

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India’s transition towards electric mobility is expected to significantly influence real estate and infrastructure development over the next few years. As electric vehicle (EV) adoption accelerates - driven by a combination of government policies, market dynamics, rising fuel prices, and environmental considerations - the demand for land and supporting infrastructure is set to grow sharply.

Key Projections by 2030:

  • Land Requirement: Over 6,000 acres of land will be needed to accommodate EV manufacturing units, lithium-ion battery production plants, and charging infrastructure.

  • Investment Outlook: An estimated USD 7.5 to 9.0 billion will be required in real estate investments to support the EV manufacturing ecosystem and the development of charging facilities.

  • Battery Capacity Expansion: India’s lithium-ion battery manufacturing capacity is projected to reach between 147 GWh and 179 GWh.

  • Charging Network Expansion: Between 81,000 and 92,500 public and semi-public charging stations will be required across urban and semi-urban areas to meet anticipated EV usage.

These projections reflect the scale of transformation underway in both the mobility and real estate sectors. Planning for EV-related infrastructure, such as integrated industrial zones, logistics hubs, battery storage units, and widespread charging networks, is becoming increasingly essential for urban planning and sustainable development strategies.

 

Interested in more insights? Download our report, Charged for Change: How EVs Are Reshaping Indian Real Estate: http://sav.li/123t


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Savills is India’s premier professional international property consulting firm. Savills began its India operations in early 2016 and has since seen significant growth. With offices in Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune; and also having serviced clients in Baroda, Bhubaneshwar, Chandigarh, Guwahati and Indore, Savills India has a strong pan-India platform to deliver customized specialist services to its clients.

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