Latest news with #AkshitBansal
Time of India
28-05-2025
- Automotive
- Time of India
VECV partners with Statiq to expand EV charging infrastructure
VE Commercial Vehicles (VECV) has entered into a partnership with Statiq, a provider of EV charging solutions, to support the adoption of electric vehicles (EVs) in India. The collaboration will focus on offering charging access for Eicher's electric trucks and buses, particularly the newly launched Eicher Pro X range of small commercial vehicles. Under the agreement, Statiq will provide Eicher customers access to its network of over 8,000 charging points aggregated from leading charge point operators (CPOs) across India. Statiq will also become one of VECV's preferred suppliers for AC and DC charging equipment, managing installation and support services for commercial EVs. Integration with fleet management The partnership will also see the integration of Statiq's network with VECV's My Eicher app, a connected fleet management platform. This will allow Eicher EV users to locate charging stations, navigate efficiently, and access tariff information in real time. Promotional offers and preferential tariffs will be introduced for Eicher truck and bus operators as part of efforts to encourage EV adoption. Abhishek Chaudhary, SVP, Sales & Marketing, Small Commercial Vehicles, VECV, said: '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 MyEicher App, we aim to deliver a hassle-free and reliable experience to our customers. This collaboration will also empower Eicher Pro X electric customers with enhanced convenience, confidence, and operational efficiency, accelerating the shift towards sustainable transportation .' Akshit Bansal, CEO & Founder, Statiq, added: '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. By integrating our expansive charging network with VECV's MyEicher, we aim to provide users with a seamless, tech-driven charging experience that removes barriers to EV adoption. With this initiative, we are committed to enabling a smoother, faster transition to electric mobility for commercial vehicle operators.' The companies will also jointly establish a support system that includes call centre access, service ticket tracking, troubleshooting, repair, and maintenance. A dedicated point of contact (POC) model will be implemented, and charging hubs with sufficient infrastructure and parking will be mapped on the My Eicher platform. As part of broader EV infrastructure efforts, the partnership will deliver turnkey projects covering installation, operation, and maintenance of charging stations. Plans also include mobile charging solutions and shared revenue models for partners hosting charging infrastructure.
Time of India
28-05-2025
- Automotive
- Time of India
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.
India Today
16-05-2025
- Automotive
- India Today
TATA.ev launches 10 high-speed MegaChargers across major highways
has unveiled its first 10 high-speed MegaChargers. The move marks a major milestone in commitment to building a robust EV infrastructure and comes as part of its larger plan to install 500 MegaChargers across launch, executed in collaboration with EV infrastructure players ChargeZone and Statiq, strategically places the ultra-fast chargers along major intercity corridors and urban hubs, directly addressing concerns around range anxiety and long-distance EV Rajan, Chief Strategy Officer of Tata Passenger Electric Mobility and Tata Motors Passenger Vehicles highlighted the significance of the initiative. "At a time when EV adoption is on its growth path, ubiquitous and dependable charging infrastructure is the need of the hour. These first 10 MegaCharger sites in key EV corridors of the country are the first tranche of a superfast charging network that we will have across major highways," he charging along key routes The new MegaChargers are located along prominent highways such as the Mumbai–Ahmedabad and Delhi–Jaipur corridors, as well as in cities like Bengaluru and the Mumbai–Ahmedabad Highway, three chargers at Vadodara (Shreenath Food Hub), Vapi (Shanti Complex), and Ghodbunder (Hotel Xpress Inn) provide high-speed charging facilities. Notably, the Vadodara station features a flagship 400kW charger that can charge up to six vehicles simultaneously and deliver 150km of range in just 15 MegaChargers on the Delhi–Jaipur Highway are spaced roughly every 60km, offering 120kW fast charging at popular stops such as SS Plaza (Gurugram), Hotel Old Rao (Kaprivas), Asli Pappu Dhaba (Hamzapur), and Hotel Highway King (Shahpura).The Pune–Nashik corridor has a key installation at Akash Misal House (Rajgurunagar), while urban commuters in Bengaluru can use the new charger at Monk Mansion in Electronic City. Udaipur also gains a strategically located charger at Ramee Royal Resort, catering to both tourists and speed, these MegaChargers are designed to enhance the EV charging experience. Many locations offer restrooms, cafes, Wi-Fi, retail outlets, and even co-working spaces, making them ideal stops during long journeys or for urban customers also receive special benefits, including up to 25% discount on charging tariffs, priority service, and 24x7 customer support. Chargers can be located and accessed through the app, with support for auto charge and RFID-based CEO Akshit Bansal called the launch a pivotal moment for EV adoption in India, saying, 'Our collaboration with is a milestone in building a trusted, nationwide EV charging network. By co-branding with them, we will make EV adoption more accessible and reliable for every Indian, empowering users to easily locate and use charging stations through the & Statiq app.' give a headline in 80 charactersadvertisementChargeZone CEO Kartikey Hariyani added, 'We are proud to partner with to unveil our first co-branded Supercharging Station on NH48, which is strategically located along key National Highway corridors. Together, ChargeZone and are pushing the boundaries of EV charging in India by focusing on the needs of today's EV drivers— fast, reliable, and easily accessible solutions. We're building a seamless EV ecosystem that supports innovative features including auto charge, RFID tap and charge, which meets current demands and future mobility needs.'With a target to more than double India's public EV charge points to 400,000 by 2027, MegaCharger initiative is seen as a foundational step in laying the groundwork for large-scale EV to Auto Today Magazine
Mint
01-05-2025
- Automotive
- Mint
Govt to revise EV charging costs under e-drive scheme
The Centre has started inter-ministerial consultations to revise the cost of electric vehicle (EV) charging infrastructure under the PM E-drive scheme, the first such revision in nearly three years, two people aware of the matter said. 'The last such revision was done in 2022 by the Union power ministry. Since then, there have been significant technology developments, and the cost structure of large and small chargers has changed now," said one of the persons cited above, on the condition of anonymity. Power and heavy industries ministries, along with the Bureau of Energy Efficiency (BEE) are part of these consultations that will help shape India's green mobility roadmap. Currently, the benchmark costs for each charging station for electric two- and three-wheelers, cars, and buses and trucks are ₹ 1.5 lakh, ₹ 6 lakh, and ₹ 24 lakh respectively, as per the draft guidelines for EV public charging stations under the PM e-drive scheme. The government has earmarked about ₹ 2,000 crore–nearly a fifth of the ₹ 10,900-crore PM E-drive scheme's outlay–to subsidise EV charging infrastructure, covering up to 80% of the upstream costs. Upstream costs, which include components such as distribution transformers, low and high-tension cables, circuit breakers, protection equipment, as well as civil work, account for about 60% of the cost of setting up a charging station, per a heavy industries ministry statement in March 2023. Under the PM E-drive scheme, the government plans to set up 22,100 public charging stations for electric cars; 48,400 stations for electric bikes, scooters, and three-wheelers; and 1,800 stations for electric trucks and buses, the scheme's draft guidelines for EV public charging stations said. While costs have decreased for smaller household EV chargers, according to industry experts, chargers with larger capacity have become more expensive over the last two years. Also Read: Centre aims green logistics at ports, eyes setting up EV charging infra Akshit Bansal, founder and chief executive officer of EV charger maker Statiq, said the costs for small household-based EV chargers have decreased in the last two years. Increased demand, technological advancements, and competition among manufacturers have dragged down prices, making home charging solutions more accessible for consumers, he said. 'In India, basic AC (alternating current) home chargers now typically range from ₹ 15,000 to ₹ 30,000, with more advanced models priced higher but still more affordable than before. Government incentives and subsidies in several states have further reduced the effective cost for homeowners," he said. Fast chargers, which are used in public charging stations, cost between ₹ 2 lakh and ₹ 50 lakh, depending on the type, capacity, and location, according to Bansal. 'The choice of charging station type depends on location and expected EV traffic. Urban hotspots may require stations catering to both two-wheelers and four-wheelers, while highway stations are better suited for four-wheelers," he said. Mint reported earlier on 9 April that the government had identified priority highways for setting up EV public charging infrastructure for electric trucks and buses, including the routes used most commonly in freight and cargo movement as well as those facilitating busy intercity travel. Setting up EV charging infrastructure is critical as it helps reduce range anxiety among consumers. Range anxiety refers to the consumer's skepticism in shifting to an EV due to the limited range of the vehicle's battery. The cost of public charging infrastructure has risen considerably in the past few years, according to Abhijeet Sinha, program director for National Highways for EVs (NHEV), a pilot testing program for building EV charging infrastructure across national highways. "The cost of raw material such as copper used in crucial wiring of the EV charger has risen considerably. In some cases, battery management systems imported from certain countries such as the US have also become more expensive," he told Mint. Sinha added that focusing on productivity of the charger instead of pricing could yield better results for consumers, and increase the adoption of green mobility in the country. Location planning and land allocation is also a crucial part of setting up charging infrastructure, a Niti Aayog and power ministry report noted in February 2023. The PM E-drive scheme's draft guidelines for EV public charging stations said an area of at least 40-60 square meters is needed for public fast charging stations in cities, while a much larger area of at least 250-300 square meters is needed for the same stations on highways. As per information received from the ministry of power, 25,202 EV charging stations were installed in the country as on 17 December 2024, the heavy industries ministry said in a parliamentary disclosure on 1 April this year. In comparison, there were over 85,000 petrol stations in the country as on 1 January, 2023, according to a Lok Sabha disclosure by the union ministry of petroleum and natural gas. Deployment of EV chargers should be coordinated with power grid developments to ensure that new connections are consistent with wider grid-planning horizon, the International Energy Agency (IEA) said in its Global EV Outlook 2024. 'When not managed appropriately, charging can lead to a surge in peak demand, meaning that it is increasingly important to ensure that transmission and distribution grids are appropriately sized and equipped," the IEA report said. The IEA also estimated a fourteen-fold growth in the number of private EV chargers, and a six-fold rise in the number of public EV chargers by 2035, as per the report. Also read | Govt rushes to find demand for electric trucks under PM E-Drive after bare FY25
