City
Epaper

EV startup Statiq joins BPCL to accelerate sustainable mobility

By IANS | Updated: July 16, 2024 16:35 IST

New Delhi, July 16 In a bid to foster sustainable mobility, EV charging network provider Statiq on Tuesday ...

Open in App

New Delhi, July 16 In a bid to foster sustainable mobility, EV charging network provider Statiq on Tuesday joined Bharat Petroleum Corporation Ltd (BPCL) to accelerate the adoption of electric vehicles in the country.

The collaboration includes the development of a customised app for BPCL and the integration of BPCL’s existing approximately 2,800 chargers into Statiq’s network.

"This collaboration allows us to leverage BPCL's vast network, providing seamless and convenient charging solutions to a larger number of EV users," said Akshit Bansal, Founder and CEO of Statiq.

Statiq currently has a network of over 7,000 chargers across 65 cities and the company plans to expand this network to 20,000 chargers by 2025.

The company’s charging stations can accommodate a wide range of EVs, including Tata Nexon, MG EVZS and Tata Tiago EV.

With an improving adoption rate, electric car sales in India are likely to reach 1.3-1.5 lakh in the current fiscal year (FY25).

The country may roll out the Faster Adoption and Manufacturing of Electric Vehicles (FAME) 3 scheme to encourage the sale of electric vehicles in the upcoming budget, according to the latest report by homegrown financial conglomerate Pantomath Group.

Electric two, three and four-wheelers are expected to be supported under the FAME scheme, which could receive a budgetary allocation of about Rs 10,000 crore, the report mentioned.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsPremier League: Man City, Arsenal set for potential title-defining clash

EntertainmentNeha Dhupia supports Patralekhaa against body shaming: Fix your own thinking

NationalDelhi HC restrains anonymous social media accounts from posting defamatory content against advocate couple

NationalCM Mohan Majhi reaffirms ‘Samruddha Odisha’ vision, pays tribute to Biju Patnaik

NationalBengal polls: Counting centres reduced to 87​

Technology Realted Stories

TechnologyIndia emerging as global AI hub for retail, CPG sectors: Report

TechnologyNatural farming boosts productivity, incomes by 30 pc in Andhra Pradesh: Report

TechnologyIn-Car Toilet in EVs? Chinese Automaker Seres Unveils Unusual Patent

TechnologyIT major Mastek Q4 profit slips 2 pc sequentially; declares Rs 16 dividend

TechnologyDelhi HC to grant injunction in favour of Allu Arjun in personality rights case