As part of the partnership, ElectricFuel will serve as an EaaS operator enabled by Esmito's technology consisting of battery swap stations backed by its smart management platform and mobile app
The development comes amid reports that the government has initiated an investigation into FAME scheme irregularities after whistle-blowers raised apprehensions
The EV charging stations from OMCs would be of the CCS-II type with a capacity of 50 KW and above, offering efficient and fast charging for EV owners, especially for those looking for on-the-go top-up charging
The funding arranged by BlueOrchard will finance an immediate roll-out of 286 charging stations serving 1,130 e-buses and e-trucks as well as over 1250 e-car fleets in addition to new expansion targets by CHARGE+ZONE
A whitepaper by Alvarez and Marsal launched in the conference stated that India needs to set up 46,000 EV charging stations to reach the global benchmark
The company will use the funds to expand to new territories, strengthen its battery assignment technology and build its team to continue scaling operations
Ola will offer the most comprehensive set of charging options to its electric vehicle customers through a combination of widely deployed high-speed Ola Hyperchargers and the home-charger that will come bundled with the Ola Scooter
The Chairman Emeritus of Tata Sons has asked governments across the world and auto industry to take a measured view on the propulsion system for cars of the future
The founder of Gayam Motor Works discusses the ecosystem of EVs in India, praises some steps of the government but adds the road towards complete EV adoption is long
Industry experts believe that localization mandate may be the reason behind low sales but it will lead to the manufacturing of good quality products in a long run
While raw materials such as lithium needs to be imported from other countries due to lack of reserves in India, the technology to process and build batteries can be achieved in India
A question that remains unanswered is whether development of charging infrastructure is necessary for deployment of the vehicles or is it the other way round