Daily EV news · India · 31 July 2026

Energy in Motion has signed a partnership with Hindustan Petroleum Corporation Limited to deploy fast charging and battery swapping infrastructure for electric commercial vehicles at HPCL retail sites across India. The collaboration targets the commercial EV segment and will leverage HPCL's existing fuel retail network for the rollout.

Why it matters: The deal opens HPCL's nationwide retail footprint to EV infrastructure deployment, creating procurement opportunities for charge point operators and equipment suppliers targeting India's commercial vehicle electrification market. Partnerships between energy incumbents and charging specialists are accelerating site acquisition and grid access for high power charging.

India recorded 10,023,396 registered electric vehicles as of July 2026, more than 11 times the FY20 figure, while public charging infrastructure stood at 52,718 stations as of March 2026, according to Road Transport Minister Nitin Gadkari in a Lok Sabha reply. EV penetration rose from 0.71% in FY20 to 8.26% in FY26, but the charging network now serves roughly 190 vehicles per public station. The Centre is backing infrastructure expansion through FAME II and PM E DRIVE schemes.

Why it matters: The 190 to 1 vehicle to charger ratio signals a widening infrastructure gap that CPOs and site hosts must address to sustain India's EV growth trajectory. Procurement teams can expect accelerated tender activity under FAME II and PM E DRIVE as the government seeks to close the charging shortfall.

Olectra Greentech Limited has become the first electric bus manufacturer in India to deploy 4,000 electric buses on roads across the country. The company marked the achievement by handing over its 4,000th electric bus to Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu and Deputy Chief Minister Mukesh Agnihotri during a flag off ceremony of 297 buses.

Why it matters: The milestone signals growing scale in India's electric bus procurement market and demonstrates that domestic manufacturers can deliver large fleet volumes. Olectra's deployment pace offers a benchmark for CPOs and transit authorities planning multi year electrification tenders.

India's production linked incentive scheme for automobiles and components has attracted Rs 443,260 mn in investments by 31 March 2026, exceeding the Rs 425,000 mn target set for March 2027, the Ministry of Heavy Industries reported. The scheme, approved in September 2021 with a Rs 259,380 mn outlay, aims to boost domestic manufacturing of advanced automotive technology products. Separately, under FAME-II, oil marketing companies have made 463 of 482 sanctioned public EV charging stations operational in West Bengal as of 1 July 2026, though no adequacy assessment has been conducted.

Why it matters: The investment overshoot signals strong manufacturer commitment to India's automotive supply chain, potentially expanding the domestic EV component base. The 463 operational stations in West Bengal and the absence of an adequacy review highlight both rollout progress and gaps in strategic infrastructure planning for CPOs and public sector bidders.