
India electric vehicle (EV) industry is on a rapid growth trajectory, and by 2030, it will need between 5,760 and 6,852 acres of land to support EV manufacturing, lithium-ion battery production, and public charging infrastructure. A new report by Savills India, titled “Charged for Change: How EVs Are Reshaping Indian Real Estate,” released on World Environment Day, highlights that this expansion will demand an investment between USD 7.5 billion and USD 9.0 billion.
The report estimates that EV sales in India could reach 25.3 to 31.8 million units by 2030, aligning with the national target of 30% EV penetration. EV manufacturing units alone will require 2,009 to 2,467 acres of land, while public charging infrastructure will need 2,402 to 2,744 acres. Additionally, battery manufacturing facilities will occupy 1,348 to 1,641 acres. The built-up area across these segments could exceed 148 million square feet, significantly boosting industrial and real estate activity.
India battery production capacity is expected to grow from 4 GWh in 2024 to 147–179 GWh by 2030, enabling the country to locally meet 13% of its EV battery cell demand. To support this ecosystem, India will also need to install 81,000 to 92,500 public and semi-public charging stations across offices, malls, transit hubs, and urban centers.
Savills India noted that this EV-driven transformation will accelerate demand for industrial land, warehousing, logistics parks, and assembly units. Key growth drivers include progressive government policies, rising fuel prices, environmental awareness, and advances in battery technology. The report concludes that this infrastructure expansion will strengthen India’s EV ecosystem, supporting both climate goals and energy security.