Bengaluru (Karnataka) [India], September 10: As the electric vehicle (EV) market grows, many people are still hesitant to switch because of "range anxiety"--the fear of not finding a charger when needed. This has slowed down EV sales for auto manufacturers, even though demand for sustainable mobility is rising. On the other hand, Charge Point Operators (CPOs), who have invested in charging infrastructure, are facing low usage rates. This makes it hard for them to get a return on their investment, slowing down the growth of the entire EV ecosystem.
