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Charged for Change: How EVs are Reshaping Indian Real Estate

June 6, 2025 58 0 ESG & Sustainability

Charged for Change: How EVs are Reshaping Indian Real Estate

To mark the occasion of World Environment Day, Savills India, a leading global real estate advisory firm, released a comprehensive report titled 'Charged for Change: How EVs Are Reshaping Indian Real Estate', highlighting that India will require 5,760 to 6,852 acres of land by 2030 to support EV manufacturing, lithium-ion battery plants, and public charging infrastructure. According to Savills India, the EV market in India has witnessed significant growth in recent years, driven by market forces, government policies, rising environmental concerns, and increasing fuel costs – factors encouraging individuals and businesses to adopt cleaner alternatives. The Government of India has launched several initiatives to accelerate EV adoption and strengthen the supporting ecosystem.

Driven by government initiatives like FAME and PLI, India is rapidly emerging as a major force in the global EV market, not only advancing sustainable mobility but also creating significant new demand for real estate to support the required EV infrastructure.

Key highlights from the report

  • India will need upwards of 6,000 Acres for EV manufacturing, battery plants, and charging infrastructure by 2030. 
  • The total real estate investment required by 2030 for EV manufacturing facilities and charging stations is estimated at USD 7.5 to 9.0 billion.  
  • India’s lithium-ion battery manufacturing capacity is projected to grow to between 147 GWh and 179 GWh by 2030. 
  • An estimated 81,000 to 92,500 public and semi-public EV charging stations will be needed across India by 2030. 

Download the report for more details. 


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