EVs, Charging Stations Will Evolve Simultaneously: Volttic CEO

EVs, Charging Stations Will Evolve Simultaneously: Volttic CEO

Non-availability of charging stations is always blamed for the slow adaption of electric vehicles in India. However, the limited numbers of EVs running on the road keep charging station companies in limbo. For charging station operators, especially private ones, aggressive business investments are still a big gamble. However, according to Varun Chaturvedi, MD & CEO, Volttic, charging stations’ numbers depend on EVs’ penetration in India. “Instead of discussing the classic chicken and egg problem and comparing the Indian EV market with the western market, we need to understand the penetration of EVs and charging stations will happen simultaneously,” says Chaturvedi.

The electric vehicle charging stations market is expected to exceed more than USD 30 billion by 2024 at a CAGR of 40%. As per a rough estimation, currently, there are around 1,000 Bharat DC001 charging stations and over 1,000 Bharat AC001 charging stations are available in India.

The Indian Government also announced its intention to set up at least one e-charging kiosk at around 69,000 petrol stations across India.

Volttic is a leading charge point operator (CPO) in India running EV charging stations pan India. The company provides complete end-to-end EV charging solutions for home and commercial segments.

“Volttic focuses a business strategy which benefits for all- OEs, EV owners and us,” adds Chaturvedi.

The company is consciously setting up EV charging stations with customised solutions on demand in the country. “Rather than putting charging infrastructures where nobody comes, we are tying up with people who are ready to use our solutions,” he explains.

The company is currently focusing on fleet operators, which Chaturvedi predicts, will have faster growth in India when it comes to the EV adoption. As of now, Volttic’s dedicated charging and public charging stations ratio is 80 percent and 20 percent, respectively.

In the B2B segment, Volttic’s clients are employee transporters, while in the B2C, the company serves taxi fleets.

“We are strategically deploying our charging stations to relieve our customers from range anxiety and carry smooth transportation without breakdown,” he says.

Having a background of electrical engineering, his core expertise is in electrical equipment, chargers, batteries, and the power sector. Elaborating his decision to venture into the EV charging station business, he says, “In 2016-17, there were hardly any players in the EV charging station business, though it was gaining momentum in Europe and the US. The charging station business was relatively new in India then, and everybody had to start from scratch, which provided equal challenges and opportunities. Being an entrepreneur, you should adopt a business where you have the expertise and control over the technologies. We knew the EV charging station will mostly evolve on as a service.”

Volttic’s Co-founder, Surendar Pratap Singh, too comes from the electric background, while the other co-founder, Shweta Chaturvedi, hails from the software industry. “Having the background of hardware and software, we are completely self-dependent in the EV charging supply chain,” Chaturvedi adds.

However, challenges are larger in deploying public EV charging stations compared with dedicated ones. Explaining the challenges further, Chaturvedi says, “Generally, two to three days are needed to set up a dedicated EV charging station in a corporate premise as most of the infrastructure such as power supply, wiring and parking space is readily available. However, when it comes to a public domain, we have to spend months scouting a location, then getting power supply from DISCOM takes time as well.”

EV charging takes more time than gasoline refuelling, and EV consumers expect to have charging station points at their preferred locations, time, and price to avoid range anxiety. Chaturvedi added that public EV charging stations should be deployed in public spaces such as malls, restaurants, hotels, shopping complexes and others where they can indulge in other recreational activities while the vehicles are being charged.

The company provides technology-oriented solutions consist of Bharat DC01 & Bharat AC01, CCS2 Chargers & ChadeMo Chargers to serve the clients’ needs. Currently, it operates around 123 charging points AC/ DC mix and plans to order around 50 double guns fast chargers with 100 charging points in the next couple of months. In the next five years by 2025, Volttic aims to have around 5,000 plus machines with double guns. “So, if we talk about charging points, we will have between 10,000 plus charging points in the next five years,” adds Chaturvedi. The company is in the process of executing an order of USD1 million in the next few months.

On the policy side, he urges a push for private charging players as well. Last year the Government had given in-principle approval to firms, including NTPC, EESL and REIL, to set up 2,600 EV charging stations.

“Last time, under the FAME-II, subsidies were given to EV charging stations operated by PSUs. This time too, an Expression of Interest (EoI) has been invited for highways and expressways.” However, he advocates that the EV ecosystem should not only depend on subsidies. “We need to come out from the mindset of incentives. Once subsidies are stopped, many nights by flyers vanish from the market,” he says.

Volttic focuses on better utilisation of the EV charging machines to have economic viability in the business.

“If my dedicated charging machines are utilised for ten to twelve hours and public charging stations are utilised for around six to seven hours per day, I can achieve economic viability,” says Chaturvedi.

Volttic’s all EV charging machines are manufactured according to government standards by its strategic partners in India. Deployment and maintenance are taken care of by Volttic. “Software is the backbone of our business. Station monitoring, tariff management, booking slots, navigation, payments and app, everything is managed by in-house software team,” adds Chaturvedi. The company provides public EV charging app with all advance feature set for EV drivers. Easy navigation to nearest charging stations, booking, payment and all transaction details just in a click with Volttic mobile application. The app also provides complete details of charging station and availability for charging slots and many more advance features for EV users.

Margins in the business widely depend on the operating costs, which again vary from city to city. EV charging stations charge in both ways- per unit (kWH) or hours or minutes basic, and In India, EV charging stations in use the former way to charge tariffs. “Operating cost and subsequently, tariffs depend on many factors. Many states have adopted the EV policy so there are caps on per unit charge, while states that have not adopted the EV policy charge commercial rates per unit. Besides, location rents and machine cost also determine the tariffs. But yes, the tariff has to be lower than per km costs of fossil fuel-driven vehicles. Commercial viability can be achieved if machine utilisation rates are good,” explains Chaturvedi.

Talking on the feasibility of procuring energy from solar, he says, “Again to install a dedicated solar system, you need CAPEX. Even if it is fitted and the machines’ utilisation remains low, where will we dump electricity or inject in the grid at ever lower net metering? However, our ultimate goal is to get energy from renewable resources in future, when we have good hours of machine utilisation to consume dedicated renewable power energy. Also, within city getting rooftop location to develop a 50-70 KW solar plant will be another challenge, so we are more aligned toward our nationwide renewable integration up to 175 GW by 2022 and subsequent more to the coming year.”

As most EV charging station business is being driven by commercial fleet operators, availing value-added services do not bring more business rather bring more liability, thinks Chaturvedi. “Value-added services are good for personal/ individual vehicle owners, whereas commercial fleet operators think of the total cost of operations,” tells Chaturvedi.

Chaturvedi quotes battery swapping is currently not viable for electric 4W and buses as it needs heavy infrastructure.

Moreover, it is not viable unless battery packs and technologies are uniformed in the electric car and buses by all OEMs, which looks very difficult in coming time as well.

“Since Volttic is using only Government approved EV Chargers standard and that are adopted by all OEM of four-wheeler cars and buses, so most of the client are fleet of electric car and buses. For two and three-wheelers, swapping is a more convenient option as most of them currently available in the market do not have the facility to charge fast with DC chargers. So swapping is the way to get a quick top-up by replacing charged batteries,” adds he.

It requires robust infrastructure such as bulk charging system, a software system to get details on batteries. The business is only successful when fleets run over 200 km per day, and there is a good number of volume of 2W & 3W,” says Chaturvedi. However, the company is also exploring options of getting into battery swapping business with two and three-wheeler fleet companies. (MT)

NIT Rourkela Researchers Secure Patent For AI-Driven System To Boost Vehicle-to-Vehicle Communication

V2V Communication

Researchers at the National Institute of Technology (NIT) Rourkela have been granted a patent for an innovative model designed to drastically improve the reliability of future vehicle-to-vehicle communication networks. The patented technology addresses the critical challenge of message congestion in high-traffic scenarios, paving the way for safer, smarter road systems in India.

The patent, titled ‘Adaptive Contention Window Optimisation in VANETs using Multi-Agent Deep Reinforcement Learning for Enhanced Performance Model,’ was filed by Dr. Arun Kumar, Assistant Professor; Prof. Bibhudatta Sahoo, Professor and Dr. Lopamudra Hota, Research Graduate, all from the Department of Computer Science & Engineering at NIT Rourkela.

Their work focuses on Vehicular Ad-Hoc Networks (VANETs) – the foundational concept that enables vehicles in close proximity to communicate directly with one another. VANETs are essential for future functionalities like warning drivers about sudden obstacles or precipitous braking, aiding automated traffic control and assisting emergency services.

However, a core issue in VANETs is overcrowding. When multiple vehicles transmit messages simultaneously, the congestion leads to delays or lost messages, which severely compromises the system's ability to function safely.

The NIT Rourkela solution tackles this problem using artificial intelligence (AI). Their model employs multi-agent deep reinforcement learning to enable each vehicle to intelligently stagger the timing of its messages based on the real-time actions of other vehicles in the network. Instead of communications competing and colliding, the system learns to sequence and prioritise time-sensitive alerts, such as emergency warnings. This adaptive adjustment significantly reduces transmission delays, ensuring critical alerts are reliably delivered.

Dr. Arun Kumar highlighted the profound safety implications of their research, referencing the severe toll of road accidents in the country. “In 2023, India reported around 480,000 road accidents and around 172,000 deaths, many of which could be prevented using modern technologies. Our work is a step towards building safer roads and smarter cities. We envision a near future where autonomous vehicles become a reality in India, and this patent is a small step in that direction, driving the spirit of Innovate in India and Make in India,” Dr. Kumar said.

The developed model ensures that even under busy conditions, the right message reaches the right recipient at the right time, a crucial requirement for future transportation systems where vehicles must coordinate in real-time.

The enhanced communication model has broad applications across future mobility. Current VANETs use cases include:

  • Electronic brake lights: Notifying drivers of braking scenarios not yet in their line of sight.
  • Platooning: Enabling a series of cars to closely follow a lead vehicle using distributed acceleration and steering control data.
  • Enhanced Navigation: Providing instantaneous, accurate information on current road traffic conditions.
  • Emergency Response: Rapid broadcast of crucial information to vehicles in an area affected by an incident.
  • Electronic Toll Collection: Providing remote access to real-time data for automated toll systems.

Prof. Bibhudatta Sahoo emphasised the practical impact of the work on national infrastructure. “The patent represents a practical step towards preparing India's road system for vehicle-to-vehicle communication. By addressing potential congestion in VANETs and providing a model for adoptive, coordinated communication, the findings lay the groundwork for safer and a more efficient traffic management. We invite researchers across institutions to join our efforts in making future autonomous vehicles and collaborate with our research lab at NIT Rourkela,” said Prof Sahoo.

Industry Leaders Convene At Software Defined Vehicle (SDV) Summit 2025

SDV Summit 2025

The Software Defined Vehicle (SDV) Summit 2025, organised by Aayera and supported by the Automotive Research Association of India (ARAI), successfully convened global and Indian automotive and technology leaders in Bengaluru. The summit focused on accelerating the transition to software-driven mobility.

Vector India and AUMOVIO were prominent contributors, driving thought leadership in the SDV space.

Brahmanand Patil, President and Managing Director, Vector India, delivered a keynote outlining Vector’s vision for SDV development and emphasising industry-wide collaboration.

Sudeepth Puthumana represented AUMOVIO, underscoring the importance of ADAS, safety systems and digital platforms.

The agenda covered SDV Architectures, Validation & Simulation for Indian conditions, ADAS integration and Cybersecurity.

Syed Fareed Ahmed, Director, Aayera, stated, “Software Defined Vehicles are no longer the future, they are the present reality reshaping the automotive industry. Through platforms like the SDV Summit, we aim to create a space where global leaders, OEMs and innovators can collaborate, share knowledge and accelerate the transition towards software-driven mobility.”

The event highlighted India’s growing, pivotal role in the global SDV landscape.

India's First Real-Time Road Safety Billboard Puts Accountability On Display

CARS24 - Challan

CARS24, in partnership with CrashFree India and the Bengaluru Traffic Police, has launched India’s first AI-powered road safety billboard that displays traffic challans in real time. This initiative transforms technology into a highly visible public reminder – safer roads start with accountability.

Located at Trinity Circle, one of Bengaluru's busiest intersections, the AI-enabled system instantly scans vehicle number plates. In seconds, it cross-references the data with the government's VAHAN database and flashes the results onto a large LED screen.

The screen displays details of:

  • Pending traffic challans
  • Expired vehicle insurance
  • Lapsed Pollution Under Control (PUC) certificates
  • Crucially, fully compliant vehicles are also acknowledged, reinforcing positive driving behaviour.

The company shared that reaction on the streets has been immediate and undeniable. Motorists have been seen looking up sheepishly when their fines are displayed, while others smile in relief at an ‘all clear’ message. For bystanders, it's become a spectacle, making it clear that responsibility is no longer hidden in an SMS or buried in an app.

One commuter remarked, “This feels like going back to school. When your name got called out in class, you paid attention. Now, when your challan shows up on that giant screen, you know you can’t escape it."

This innovative approach directly confronts India's mounting INR 120 billion challan crisis, which includes nearly INR 90 billion in unpaid fines. Bengaluru alone recorded 8.29 million violations last year.

The AI billboard doesn't issue new penalties; instead, it makes existing violations and lapses impossible to overlook.

Gajendra Jangid, Co-Founder & CMO, CARS24, said, “We are not just reminding people to clear challans or update documents. We’re reminding them that every act of responsibility on the road, no matter how small, is what keeps an entire city alive. Safety doesn’t come from systems alone; it comes from choices. And the road is the one place where your choices instantly touch thousands of lives.”

A senior official from the Bengaluru Traffic Police echoed this sentiment: “This is not about shame, but awareness. Discipline starts with visibility. If this board helps even a fraction of drivers become more responsible, it’s a win for the city.”

The installation at Trinity Circle is a pilot project. If successful, this blend of technology and visibility could be scaled to other high-density junctions in major cities across India. The goal is to reduce violations, increase timely challan payments and most importantly, make India's roads significantly safer.

Xiaomi Inaugurates EV R&D And Design Centre In Munich

Xiaomi R&D Design

Chinese technology major Xiaomi has opened its Xiaomi EV Europe Research and Development (R&D) and Design Centre in Munich, Germany, which is the first-of-its-kind facility for the company globally.

This new facility marks a pivotal milestone in the company’s global EV strategy, designed to propel advancements in smart mobility and automotive innovation while further realising the company's ‘Human x Car x Home’ smart ecosystem strategy.

The Xiaomi EV R&D and Design Centre will focus on performance vehicle projects, electric vehicle technology development, design innovation, customer orientation and advanced research.

The Chinese technology company shared that by leveraging world-class competencies and ecosystem, it aims to accelerate breakthroughs in intelligent driving and vehicle dynamics.

The Munich facility will bring together engineers, designers and researchers to collaborate with Xiaomi EV’s global teams. The idea is to leverage international talent development and embrace an open, forward-looking environment that encourages breakthroughs in vehicle performance, autonomous driving, EV platforms and next-generation user experiences.

The inauguration, the company said, represents a significant step in Xiaomi EV’s mission to become a global leader in the new era of smart mobility. Following the successful launches of Xiaomi SU7, Xiaomi SU7 Ultra and Xiaomi YU7 in Mainland China, this expansion is a significant progress towards the company’s long-term ‘Human x Car x Home’ smart ecosystem strategy as it prepares for its entry to the European Market in 2027.