Risk Assessment and Mitigation Strategies for Developing Electric Vehicle Charging Infrastructure Projects in New Delhi, India

Abstract

The accelerated introduction of electric vehicles (EVs) in New Delhi has brought to light the necessity for a dependable charging infrastructure in order for the city to change to sustainable mobility. Nevertheless, the development of EV charging stations in the city involves various risks and challenges, including but not limited to financial, regulatory, technological, and even social enmeshments. This research explores the main risks of recent EV charging infrastructure development in New Delhi, taking a closer look at external macroenvironmental factors using the PESTEL framework (political, economic, social, technological, environmental, and legal). The analysis of these dimensions allows the study to identify the bottlenecks and blockers to effective EV infrastructure rollout, providing useful knowledge for policymakers, urban planners, and investors. Based on qualitative data obtained from interviews with project managers and secondary literature, this research offers practical risk mitigation strategies that are relevant to the urban development and regulatory environment of New Delhi. Findings enrich the knowledge of infrastructure risk management and provide a model for the successful implementation of EV charging networks in dynamically growing cities.