A new partnership commits to invest US$200 million and install 6,500 charging outlets in India over five years
Electric vehicles start-up EV Motors India has entered into partnership with DLF, Delta Electronics and ABB to launch its first Public EV Charging Outlet PlugNgo. The project is in line with the Government’s vision of evolving India into an electric automotive nation.
The company is seeking to install over 6,500 charging outlets, each with multiple charging stations, spread across cities, businesses and residential complexes of India, over the next five years with an estimated investment requirement of US$200 million. The chargers will be networked and connected to PlugNgo’s cloud-based integrated software platform.
Speaking at the launch event, Mr. Vinit Bansal, Managing Director of EV Motors India said: “For the nation to progress towards the vision of a large fleet of EVs across the country, a co-ordinated approach between Real Estate Developers, Vehicle OEMs and Charger Manufacturers is necessary and we thank our partners for all their support and look forward to a continued engagement with them.”
With an idea to provide one-stop-shop, PlugNgo aims to deliver customised installation support, round the clock service, maintenance support and remote vehicle charging monitoring & e-payments through the PlugNgo mobile application based on iOS & Android platforms. It will deliver charging equipment for all kinds of two wheelers, three wheelers, passenger cars and buses that comply with the Global Charging Standard including Type-2, CCS, CHAdeMO and BIS.
The PlugNgo charging solution also comes laced with a vehicle to vehicle charging proposition that can be available via the PlugNgo mobile app, controlled and maintained by a location based networking system. Under this service, any vehicle, within the company’s network, left stranded due to battery dissipation would be assisted within 30 minutes by a services vehicle provided by the company’s service centres.
PlugNgo, over the course of next 12 months, plans to set up 20 outlets in the Delhi NCR followed by expanding its reach to other cities including, Bengaluru, Chandigarh, Jaipur, Ahmedabad, Kanpur, Kolkata, Mumbai, Pune, Hyderabad, Amritsar, Bhubaneshwar, Cochin, Indore, and Chennai. Service centres will be established at each of the cities to provide customer support.