IANS quoted industry chamber Assocham as saying that the Indian electric vehicles (EV) market is expected to grow at double digit rates till 2020, while the nascent telematics market is also poised to develop at a much faster rate. The EV industry in the country is at a nascent stage, comprising less than one per cent of total vehicle sales and is dominated at 95 per cent by two-wheelers, an Assocham study done with global advisory services firm EY said.

"Stricter emission norms, reducing battery prices and increasing consumer awareness are driving EV adoption in India, while EVs are not yet mainstream, government push and other indications point to a growing momentum," stated the study titled "Electric mobility in India: Leveraging collaboration and nascency".

However, the report noted the urgent need for creating charging infrastructure at a rapid pace "as it is the determining factor for growth of EVs".

It said that "The required need at this point in time is the presence of related support industry and infrastructure as it will help the charging infrastructure thrive."

The study said that, as compared to public charging, home charging would still continue to be the dominant source with a share of nearly 70 per cent in 2030.

It added that "There is a growing need for a national regulated rate that can be applicable to all charging stations across India."

Besides, EV adoption will be highly dependent on the pace of fall in battery costs as EVs are significantly more expensive than traditionally propelled vehicles due to high cost of lithium ion batteries.