Mumbai, Jan 28 (Agency) EV charging infratech player EVRE on Thursday said it plans to invest around Rs 500 crore to set up 1000 tech-enabled charging hubs across India by end of 2023 to build the country’s largest integrated and connected EV charging ecosystem. With dedicated focus towards serving ev-fleets uniformly across the country, EVRE is looking at multifold growth in the charging hubs to meet the demand for EV chargers, the company said in a statement issued here.
These ev-fleets include EVs used for e-commerce, FMCG, passenger and commercial EVs used for intracity and last-mile mobility. “EVRE aims to accomplish this milestone in partnership with individual partners, wherein EVRE will continue to remain the technology-enabler and the partners will own the hubs including land, charging stations, civil and electrical infra. As per early estimate, a total of Rs 500 crores of cumulatively inclusive investment will be required to achieve this milestone,” the company said. All the tech-enabled charging hubs will be standardized for fast and slow chargers, with an intelligent framework including telematics for real time monitoring, dynamic load management solutions, smart-key management for unmanned management of fleets. All these facilities will be available for use of the e-fleet operator through one-web dashboard and EVRE App, it said.
“Our world-class EV fleet management solutions at EVRE Charging Hubs across the country are best-suited to meet the demands of large e-fleets and their drivers within the short-window of these pit-stops. With 1,000 automated EV charging hubs, we aim to build the country’s largest technology-enabled EV charging ecosystem,” EVRE Co-Founder and CEO Krishna K Jasti said. The company is operating over 50 such operationally-profitable hubs with the large hubs accommodating and charging 80 vehicles at the same time.
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