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Savoring Success with Taste Nova Scotia Culinary Ambassador Amy Savoury | SaltWire - More developers in India are putting electric vehicle chargers in parking slots of new developments, hoping to boost the value of the property and attract more buyers in a country where the charging infrastructure can't keep up with soaring EV sales.
The world's most populous nation is aiming to make EVs account for a third of total vehicle sales by 2030, but scarcity of public charging stations could derail these ambitions. For now, property developers including Sobha, and property management firm Prestige, are using this shortage to their advantage, betting that EV chargers in residential properties will make clients pay a premium for units like swimming pools used to in the past.
Sobha has gone a step further and launched two residential projects in Bengaluru with EV charging facilities in all available parking slots.To be sure, Indian authorities are encouraging installation of charging infrastructure, and each state has its own guidelines: Delhi, for example, requires 20% of parking spots to be reserved for EVs, while Uttar Pradesh, which has the most EV registrations, mandates all new housing complexes above 5,000 square metres to have at least one EV charging unit.
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