EVRE, which is an EV charging infrastructure player and Park+, a smart parking solutions provider, recently announced their partnership for setting up 10,000 EV charging stations across India in the next two years.
In this partnership, EVRE will conceptualise, design, manufacture, establish, operate and maintain the EV charging infrastructure, while Park+ will arrange for and manage the real estate aspect of the hub.
The charging stations will be established across high demand areas like shopping complexes, residential townships, malls, hotels and corporate tech parks. There will be a phase wise installation of these charging stations, which will include setting up 300 charging hubs in Delhi NCR by the end-of-the-year, 100 in Bengaluru and 100 in Mumbai and Pune, leading to building ground up charging infrastructure for increasing density of stations in a buildup for increased EV adoption in the urban communities.
Krishna K Jasti, co-Founder of EVRE, said – “This unique partnership provides an incentive to all the stakeholders involved – the EV user, infrastructure provider, Park+ and EVRE by leveraging these high-footfall incentivised parking spaces. In a cyclic manner, these hubs will go a long way to accelerate EV adoption in the country. With this partnership, we mark our entry into the Delhi EV ecosystem, and consider the partnership for 10,000 stations as our next step towards sustainable infrastructure to enable hassle-free EV usage through viability and accessibility for the consumers.”
Amit Lakhotia, founder and CEO of Park+, said – “It is extremely important to choose right locations for setting up EV charging stations as only then utilisation can go high. This is where Park+ is helping EVRE with high footfall locations from its 5000-plus parking locations across India. Park+ is helping EVRE to scale across the country and this partnership shall help EVRE in scaling to multiple locations faster”.
Customized revenue-sharing model will be there for each hub with respect to its elements including the property category and location among others. At present, Park+ is already live in 1000-plus apartments, 250-plus corporates and over 30 malls.