Panasonic became the latest company to join an expanding list of global companies looking to gain early market share in the ready-to-boom Indian electric mobility market.
The Japanese giant recently announced that it launched the EV charging stations in the Indian capital of New Delhi. The charging service, called Nymbus, includes charging stations and battery swap stations, as well as virtual systems like cloud services and analytics. 
Panasonic has launched this service in partnership with two Indian companies working in the electric mobility market. The charging stations shall cater to 150 SmartE electric three wheelers and on 25 qQuick 2 wheelers operating the Delhi region.
SmartE claims to be India’s first and the largest electric vehicle operator. The company operates 1,000 electric vehicles in Delhi and neighboring region and plans to increase that number to over 100,000 by 2023. qQuick claims to be India’s first Integrated and Delhi’s only electric scooter service.
India made headlines the world over when, in 2017, it announced its target to allow the sale of only electric vehicles by 2030. The government announced several measures and policies to promote electric mobility. These initiatives attracted the attention of several Indian and foreign companies looking to grab a share in the long value chain of electric mobility.
ABB revealed intentions to set up flash charging stations for buses after several cities in India announced plans to launch electric buses for public transport. Some of the cities have already launched such buses. Recently, Ratan Tata, the chairman emeritus of Tata Group, announced an investment in Ola Electric — an electric cab hailing service launched by Uber-competitor Ola Cabs.
The Indian Railways was reported to have collaborated with power distribution utilities in India to set up charging units at railways stations. Battery swap is a major aspect of the EV policy push by the government and has attracted several companies. Lithion Power had announced an ambitious plan to invest $1 billion to develop a battery swap ecosystem for electric vehicles.
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