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Statiq, a charging network company for electric vehicles (EVs), has entered into an electric mobility partnership agreement with M&M, Mahindra & Mahindra, India’s top SUV manufacturer.
M&M and Statiq have partnered to create a strong, reliable, affordable, and accessible mobility network for EV users across the country. The companies will collaborate on various electric mobility tech integration projects moving forward.
Akshit Bansal, Co-founder and CEO of Statiq, said, “We are delighted to partner with M&M as we share the aim to offer 4-wheeler EV charging solutions across the country at a time of them launching their electric XUV400. Statiq has always been about promoting carbon-free mobility in India through providing an expansive charging network, and this alliance will strengthen our mission to advance the growth of the EV ecosystem further.”
Veejay Nakra, President of the Automotive Division, Mahindra & Mahindra Ltd., said, “Our partnership with Statiq will ensure robust EV infrastructure solutions for all our customers, in the most seamless manner.”
Statiq, as a company, stated that it wants to create an ecosystem for EV chargers. It also promised to make sure everyone has access to EV charging stations, whether they are in their own city or travelling long distances over weekends or holidays. Statiq announced a partnership with Ather, an EV maker, to improve the EV charging network in northern states. A special focus was placed on the NCR.
Statiq claims that it has installed more than 6500 charging stations in the past year. Some of these are located in Rajasthan, Mangaluru, Karnataka and Himachal Pradesh. Statiq hopes to have a network of around 20,000 charging stations by the end of 2022.
Statiq and Hindustan Petroleum Corporation Limited (HPCL), announced earlier this year a partnership to establish EV charging stations throughout the country.