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India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: Nomura

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India's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infrastructure readiness emerging as the key trigger for mass adoption, according to a Nomura report.The report highlighted that charging availability remains the biggest enabler in shifting consumers away from internal combustion engine (ICE) vehicles. "Charging infra as a key enabler – infra-readiness can unlock mass adoption," the report said. Nomura highlighted China's rapid evolution as a primary example of this trajectory."China has scaled to ~20 million public charging points by 2025, with strong coverage across tier 1/2 cities and…

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