Electric cars are now more or less a reality, and recently Mahesh Babu posted a picture of himself with his new electric car. So, in keeping with rising interest in this segment of vehicles in the state, RapidEVChargeE, one of the fastest EV charging solution companies, is set to expand its footprint pan-India and aims to install more than 1000 EV charging units across Telangana and Andhra Pradesh in the coming 18 months.
Of this, at least 60 percent of EV charging units will be established in and around Hyderabad. So, if one looks at the math, 600 EV charging stations will dot different parts of Hyderabad, and the remaining charging stations will come up in Visakhapatnam, Vijayawada, and Tirupati.
Apart from manufacturing a wide range of EV chargers, the RapidEVChargeE’s software is the only indigenously developed solution that allows compatibility and an optimized user experience. The talks are in advanced stages with channel partners who will help the brand find its groove in Telugu states.
Incidentally, the Indian automobile industry is the fifth-largest in the world and is slated to become the third-largest by 2030. The electric vehicle industry in India is picking pace with new manufacturing hubs, and there are parallel efforts to improve charging infrastructure.
“RapidEVChargeE has developed products to suit the needs of individual or common use partners for domestic or commercial utility. It is being estimated that India needs about 4,00,000 charging stations to meet the requirement for two million EVs that could potentially ply on the roads by the year 2026,” shares P Sivasubramaniam, Founder & CEO of RapidEVChargeE.
Expensive imported fuel and suffocating air pollution have been recognized by the Department of Industrial Policy and Promotion, Ministry of Commerce, and this is a positive step in the right direction, adds P Sivasubramaniam.