The Indian EV charging Infrastructure start-up, EVRE, announced its plans to install about 1,000 tech-enabled EV charging hubs by the end of 2023. According to estimates, this goal will necessitate a total investment of INR 500 crore.
The company intends to accomplish this in collaboration with individual partners, in which it will continue to be the technology enabler, and the partners will own the hubs, including land, charging stations, civil and electrical infrastructure.
Furthermore, all charging hubs will be standardised for fast and slow chargers with telematics for real-time monitoring, dynamic load management systems, and smart-key management for unmanned fleet management.
Krishna K Jasti, Co-Founder & CEO, EVRE, said, “With 1,000 automated EV charging hubs, we aim to build the country’s largest technology-enabled EV charging ecosystem. With this move, EVRE is enabling individuals to participate and contribute to the growth of the clean-mobility revolution, leading to faster EV adoption across the length & breadth of the country.”
With a primary focus on supporting EV-fleets such as e-commerce, FMCG, passenger and commercial EVs used for intracity and last-mile mobility across the country, the start-up anticipates a multifold increase in charging stations to meet the demand for EV chargers.
At present, it operates 50 such charging hubs with the larger hubs capable of charging up to 80 vehicles at once.
NB: Photo is representational.