
VECV signs MoU with Statiq to expand EV charging access for commercial vehicles
New Delhi: VE Commercial Vehicles (
VECV
) has signed a Memorandum of Understanding (MoU) with
EV charging solutions
provider
Statiq
to provide access to over 8,000 charging points across India for its electric trucks and buses, including the newly launched
Eicher Pro X
range of small commercial vehicles.
Under the agreement, Statiq will be one of VECV's preferred partners for the supply and installation of AC and DC chargers. The partnership aims to offer integrated solutions to Volvo and Eicher electric vehicle users by linking Statiq's aggregated charging platform with VECV's My Eicher app.
The collaboration will enable real-time visibility of charging stations, navigation support, and tariff transparency for users. Statiq will also provide promotional offers and preferential tariffs for Eicher vehicle operators.
'Our partnership with Statiq marks a significant step forward in strengthening the EV ecosystem for commercial transportation in India. By offering an integrated solution to customers through the industry leading My Eicher App, we aim to deliver a hassle-free and reliable experience to our customers,' said Abhishek Chaudhary, SVP, Sales & Marketing, Small Commercial Vehicles, VECV.
'This collaboration will also empower Eicher Pro X electric customers with enhanced convenience, confidence, and operational efficiency, accelerating the shift towards sustainable transportation,' he added.
Statiq will also jointly build a support ecosystem with VECV, which will include call center access, service ticket management, troubleshooting, repairs, and ongoing maintenance services. A dedicated Point of Contact (POC) system will also be implemented under shared responsibility.
'Our partnership with VE Commercial Vehicles is a milestone in our journey to create a strong and efficient EV charging ecosystem for commercial vehicles in India,' said Akshit Bansal, CEO & Founder, Statiq.
'By integrating our expansive charging network with VECV's My Eicher, we aim to provide users with a seamless, tech-driven charging experience that removes barriers to EV adoption,' Bansal said.
Statiq will also identify and highlight charging hubs with sufficient infrastructure and parking on the My Eicher platform. The agreement includes turnkey projects for the installation, operation, and maintenance of charging stations, shared infrastructure, mobile charging options, and revenue-sharing models with channel partners.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
3 hours ago
- Time of India
Need of 6,900 acre land, $9 bn investment by 2030 to set up EV infra: Report
Nearly 6,900 acre of land and $9 billion investments will be required by 2030 for setting up facilities for EV (electric vehicle) manufacturing, lithium-ion battery production and public charging stations , according to Savills India . Real estate consultant Savills India has released report 'Charged for Change: How EVs Are Reshaping Indian Real Estate' stating that the EV market in India has witnessed significant growth in recent years, driven by market forces, government policies, rising environmental concerns, and increasing fuel costs. The government has launched several initiatives to accelerate EV adoption and strengthen the supporting ecosystem. "An investment of $7.5 to 9 billion will be required by 2030, primarily for land acquisition and the development of facilities for EV manufacturing, lithium-ion battery production, and public charging stations," the consultant said. In high-adoption scenario, the required investments will be $9 billion while $7.5 billion will be needed in the case of medium adoption. The report further estimated 5,760 to 6,852 acres of land by 2030 to support EV manufacturing, lithium-ion battery plants, and public charging infrastructure. Srinivas N, Managing Director, Industrial & logistics, Savilla India , said, "Aligning with India's target of achieving 30 per cent EV penetration by 2030, the real estate sector is expected to experience significant growth driven by the rise in EV adoption." The growing demand for EVs will stimulate the need for multiple real estate segments, including industrial and warehousing spaces to support EV and battery manufacturing, EV assembly units, and the storage and distribution of EV components and batteries, he added. Additionally, the expansion of supply chains will increase the demand for strategically located warehouses and logistics parks, said Srinivas. "The government's role with several policies and various initiatives, collectively aims to establish a robust EV ecosystem in the country by fostering innovation, investment and infrastructure development while addressing climate change and energy security concerns," he said. Ministry of Road Transport and Highways (MoRTH), in line with projections by NITI Aayog and the Rocky Mountain Institute (RMI), estimates cumulative EV sales in India to reach 25.3-31.8 million units by 2030 - an annual average of 4.2 to 5.3 million units. According to Savills, this will drive land requirement of 2,009 to 2,467 acres for manufacturing facilities, with a built-up potential of 43.8 to 53.7 million square feet.


Time of India
3 hours ago
- Time of India
UK new car sales recover in May as EV discounts attract buyers
Britain's new car sales rose from a year earlier in May, marking the second month of recovery in 2025, amid heavy discounting by electric vehicle makers, a report by the Society of Motor Manufacturers and Traders (SMMT) showed on Thursday. Chinese EVs have been rapidly expanding in the European markets by offering deep discounts and forcing other automakers in an intense price war that has strained their profit margins. New car registrations rose 1.6per cent year-over-year to 150,070 units during the month, SMMT said, the best May performance since 2021. Electric vehicles accounted for more than 47per cent of the total car sales in May with battery electric vehicle sales rising 25.8per cent year-over-year. "A return to growth for new car registrations in May is welcome but manufacturer discounting on new products continues to underpin the market, notably for electric vehicles," SMMT chief Mike Hawes said in a statement. The auto industry, already strained by supply chain disruptions and stiff competition, has been forced to cut prices amid brittle consumer sentiment, uncertain global trade policies, and the costly shift away from internal combustion engines. "The continued rise in EV registrations shows a growing consumer appetite for sustainable transport, further fuelled by the government's recent announcement to remove the need for planning applications for at home EV charging installations," said Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte. Tesla sold 2,016 cars in the UK during the month, a 36.04per cent decline year-over-year, according to SMMT. Data published earlier this week by research group New AutoMotive showed a bigger 45per cent drop in the automaker's UK sales.
&w=3840&q=100)

Business Standard
6 hours ago
- Business Standard
India needs 6,900 acres land, $9 bn EV infra investment by 2030: Report
Nearly 6,900 acre of land and $9 billion investments will be required by 2030 for setting up facilities for EV (electric vehicle) manufacturing, lithium-ion battery production and public charging stations, according to Savills India. Real estate consultant Savills India has released report 'Charged for Change: How EVs Are Reshaping Indian Real Estate' stating that the EV market in India has witnessed significant growth in recent years, driven by market forces, government policies, rising environmental concerns, and increasing fuel costs. The government has launched several initiatives to accelerate EV adoption and strengthen the supporting ecosystem. "An investment of $7.5 to 9 billion will be required by 2030, primarily for land acquisition and the development of facilities for EV manufacturing, lithium-ion battery production, and public charging stations," the consultant said. In high-adoption scenario, the required investments will be $9 billion while $7.5 billion will be needed in the case of medium adoption. The report further estimated 5,760 to 6,852 acres of land by 2030 to support EV manufacturing, lithium-ion battery plants, and public charging infrastructure. Srinivas N, Managing Director, Industrial & logistics, Savilla India, said, "Aligning with India's target of achieving 30 per cent EV penetration by 2030, the real estate sector is expected to experience significant growth driven by the rise in EV adoption." The growing demand for EVs will stimulate the need for multiple real estate segments, including industrial and warehousing spaces to support EV and battery manufacturing, EV assembly units, and the storage and distribution of EV components and batteries, he added. Additionally, the expansion of supply chains will increase the demand for strategically located warehouses and logistics parks, said Srinivas. "The government's role with several policies and various initiatives, collectively aims to establish a robust EV ecosystem in the country by fostering innovation, investment and infrastructure development while addressing climate change and energy security concerns," he said. Ministry of Road Transport and Highways (MoRTH), in line with projections by NITI Aayog and the Rocky Mountain Institute (RMI), estimates cumulative EV sales in India to reach 25.3-31.8 million units by 2030 an annual average of 4.2 to 5.3 million units. According to Savills, this will drive land requirement of 2,009 to 2,467 acres for manufacturing facilities, with a built-up potential of 43.8 to 53.7 million square feet.