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Kerala-based energy tech startup to deploy 1,200 EV chargers across India
Economic Times
·
1y ago
Medial
Kerala-based energy tech startup, chargeMOD, is expanding its EV charger network by deploying 1,200 chargers across India and an additional 600 chargers in Kerala. The company plans to set up 1,000 slow chargers and 200 fast chargers in various Indian states, as well as 500 slow chargers and 100 fast chargers in Kerala. chargeMOD aims to introduce Ultra Fast Chargers with capacities ranging from 120 kW to 340 kW to enhance charging speeds and convenience. The startup has built an ecosystem of EV charging with hardware and software designed and manufactured in India.
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Energy tech start-up chargeMOD eyes pan India presence
Thehindubusinessline
·
1y ago
Medial
Kerala-based energy tech start-up, chargeMOD, is expanding its presence in the Indian EV charging market. The company plans to install an additional 1,000 slow chargers and 200 fast chargers across different states, with the aim of establishing a nationwide network. chargeMOD has already deployed around 1,300 AC slow chargers and 150 DC fast chargers in Kerala, as well as 500 AC slow chargers outside the state. The company is also set to introduce Ultra Fast Chargers with capacities ranging from 120 kW to 340 kW. chargeMOD currently has over 2,000 charging stations in India and has enabled emissions savings of over 995 metric tonnes.
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Zetwerk Bags Order From Indian Oil To Set Up 1,400 EV Chargers
Inc42
·
1y ago
Medial
Contract manufacturing unicorn Zetwerk has received an order from the Indian Oil Corporation (IOC) to set up over 1,400 electric vehicle (EV) chargers at IOC's petrol stations across India. Zetwerk will deploy chargers with capacities of 50-60 kW and 100-120 kW, capable of charging two vehicles simultaneously. This deal is seen as a significant win for Zetwerk as it expands in the renewable energy sector after venturing into IT hardware and EV component manufacturing last year. The startup has also allocated INR 1,000 crore ($122 million) to invest in electronics manufacturing.
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Zetwerk wins order from Indian Oil to set up over 1,400 fast EV chargers in India
Economic Times
·
1y ago
Medial
Zetwerk, a contract manufacturing managed marketplace, has secured an order from Indian Oil Corporation Limited (IOCL) to install more than 1400 electric vehicle (EV) chargers across India. The chargers, with a capacity of 50-60kW and 100-120kW, will be able to charge two vehicles simultaneously with a dynamic load-sharing mode. Zetwerk sees this partnership with IOCL as a significant step in revolutionizing India's EV charging infrastructure and promoting widespread adoption of EV mobility. The company has been expanding its reach in the renewable energy sector and is supporting IOCL's goal of becoming a 360-degree energy solutions provider.
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Zetwerk secures order from Indian Oil for 1,400+ EV chargers
Thehindubusinessline
·
1y ago
Medial
Zetwerk has secured an order with Indian Oil Corporation (IOCL) to install over 1,400 electric vehicle (EV) fast chargers across India. This partnership helps IOCL advance its goal of becoming a comprehensive energy solutions provider, investing in emerging mobility trends like EVs. Zetwerk will set up 50-60 kW and 100-120 kW DC Dual gun CCS2 DC Chargers, enabling simultaneous charging of two vehicles. By strategically locating these chargers in major cities, Zetwerk aims to drive widespread adoption of EV mobility and contribute to a sustainable future.
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Kerala startup to install 1,000 EV charging stations across India
Inshorts
·
2y ago
Medial
GO EC, a startup based in Kerala, has announced its ambitious plan to deploy 1,000 electric vehicle (EV) charging stations throughout India. The company intends to strategically position these charging stations in various locations, including state capitals, state highways, national highways, rural areas, as well as Tier II and Tier III cities. The CEO, PG Ramnath, highlighted the company's commitment to environmental sustainability, aiming to offer sustainable charging solutions that contribute to the acceleration of a greener future.
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EV startup Kazam raises $6.2 Mn from IFC, Vertex and Avaana Capital
Entrackr
·
2m ago
Medial
EV startup Kazam raises $6.2 Mn from IFC, Vertex, and Avaana Capital Bengaluru-based EV energy-tech platform Kazam has raised $6.2 million in Series B funding from the International Finance Corporation (IFC), along with existing investors Vertex Ventures Southeast Asia & India and Avaana Capital. This round takes Kazam’s total capital raised to $19.2 million, including $13 million in equity from previous rounds led by Avaana Capital, Vertex Ventures, and Chakra Ventures. The investment will fuel Kazam’s expansion across markets with its energy transition tools to accelerate adoption of sustainable mobility, the company said in a press release. Founded in 2020 by Akshay Shekhar and Vaibhav Tyagi, Kazam is building a device-agnostic digital infrastructure platform that enables EV charging and battery-swapping operators, vehicle OEMs, fleets, and power utilities to manage and analyze charging assets. Kazam’s platform claims to have onboarded over 68,000 chargers and facilitated over 5 million charging sessions. The firm also saw its revenue grow 4X from $1.5 million in FY24 to $6 million in FY25 and is targeting $12 million in revenue with EBITDA positivity this fiscal. Kazam works with the likes of BigBasket, Zypp, Mahindra, Bajaj, Ather, TVS, Hero MotoCorp, and Ultraviolette.
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Emerging Tech Hub will be set up at Rs 350 Cr, says CM
YourStory
·
5m ago
Medial
Kerala Chief Minister Pinarayi Vijayan announced the establishment of an Emerging Technology Hub in Thiruvananthapuram, focusing on Artificial Intelligence (AI) with an investment of Rs 350 crore. The initiative, spearheaded by the Kerala Startup Mission, aims to integrate AI across sectors like agriculture, healthcare, and energy. Additionally, the state plans to introduce AI-specific courses, develop a deep-tech ecosystem, and organise a national-level AI hackathon, fostering innovation and entrepreneurship in AI-related fields.
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Ather Energy crosses 400 Grid fast charging points across Maharashtra - The Economic Times
Economic Times
·
1m ago
Medial
Ather Energy has expanded to over 400 fast charging points across Maharashtra, covering 35 cities, including Mumbai and Pune. The company offers additional 220 LECCS-standard chargers and collaborates with partners like HPCL and EV Dock to enhance the charging ecosystem. Nationally, Ather operates over 3,300 fast charging stations, facilitating electric vehicle (EV) adoption and convenience for users. This infrastructure boost aims to assure riders of accessible charging wherever needed.
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Tata Motors aims for 4 lakh EV charging points by 2027
Inshorts
·
6m ago
Medial
Auto giant Tata Motors has announced plans to bolster the EV charging network in India by increasing the total number of EV charging points to 4 lakh by 2027. The company's EV arm TATA.ev, under Open Collaboration 2.0 is looking to set up 30,000 public fast chargers. The company is forging partnerships to scale charging infrastructure across highways.
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Gravity opens fastest EV charger in US to public in New York City
Reuters
·
1y ago
Medial
Google-backed startup Gravity Mobility has unveiled the fastest EV charging solution in the United States, aiming to attract fleet customers. With the ability to charge at a rate of 2,400 miles of range per hour, or 200 miles in just five minutes, Gravity's 500 kW chargers are available to major fleet operators in New York. The company plans to raise additional funds to expand its high-speed charger network across the country. Gravity's compact chargers are smaller than those typically used by automakers and other EV charging networks.
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