EV charging infrastructure development firm Terra Charge is partnering with GrEL Cabs, an electric ride-hailing service based in Pune, to establish a Park and Charge Facility in Hinjewadi, Pune.
Under this collaboration, Terra Charge will deploy 11 advanced EV chargers at the designated hub to provide fast charging services for GrEL Cabs’ electric fleet, ensuring seamless integration with their EV models and minimizing downtime. This initiative aligns with India’s EV30@30 goal, aiming for a 30% sales share of electric vehicles by 2030, contributing to the country’s growing EV charging infrastructure.
Terra Charge, having previously worked with GrEL Cabs to set up a dedicated charging hub near Pune airport, moves closer to its target of installing 1000 charge points by 2024, with a goal of achieving an annual revenue of USD 668,000. The collaboration emphasizes Terra Charge’s commitment to expanding its market presence and accelerating EV adoption by strategically placing charging infrastructure for fleet services.
Akihiro Ueda, CEO of Terra Charge, expressed satisfaction with the partnership, emphasizing the shared goal of strengthening sustainable mobility in India. GrEL Cabs’ CEO, Sarthak Bansal, highlighted the long-standing collaboration as a significant step toward providing customers with reliable and sustainable mobility solutions, promoting wider EV adoption among cab riders and passengers.
