Charging Stations: Powering Up Indian EV Market
The Franchising World|October - December 2019
Charging Stations: Powering Up Indian EV Market
The idea which took shape during a motorcycle trip to Himalayas a year back is revolutionizing the electric vehicle segment with a wide range of charging station solutions and franchise expansion plans across the country
Akanksha Soni

The electric vehicles’ (EV) market in India has taken a huge leap forward with government initiatives like Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme. Electric cars are expected to grab 6% share of the new car sales by 2030. Four-wheeler EVs will thereafter touch 28% by 2040, and 2-3 wheelers will further grow making India the fourth-largest passenger EV market in the world. An early mover in this segment, Charjet E-Mobility has aggressive plans for establishing EV charging stations at strategic locations like malls, corporate offices, colleges, petrol pumps, gated communities, car showrooms, government hospitals and offices, and restaurants across the country.

The idea around Charjet originated at the scenic location of Chandratal during a motorcycle trip to the Himalayas. “We were discussing the rising pollution levels and how EVs were the need of the hour. We identified lack of charging stations as major challenge for EV adoption. That’s where the idea was conceived,” recalls Deepti Koganti, Director and Co-Founder, Charjet E-Mobility.

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October - December 2019