It might sound unconventional for an EV infrastructure company to tie up with BSNL for
expanding their operations but it is true, New Delhi based startup firm EVI Technologies at the
starting of this year has signed an MoU with the Indian telecom giant to install their battery
swapping and EV charging station across five thousand locations in India.
The base business model is pretty simple, BSNL would be providing adequate infrastructural
support such as space and power source for charging and swapping facility whereas EVIT would
take care of maintenance] logistic s and operational part. With this partnership, the two would be
able to deliver over 100 battery stations within a location-based on EV traffic and requirements.
The first of its kind would be up and operational by mid of 2020 and the rest would follow in
breakneck speed once initial pilot results are out.
Taking about EVIT, it was brought to life by a trio, Mr. Kumar, Mr. Aditya Raj, Mr. Vikrant K
Aggarwal back in 2017. The company already had installed about 200 charging point across 16
different Indian cities. By assessing the potential of this market, Napino Auto & Electronics, One
of the largest automotive electronic component manufacturers in India has invested a large sum
of an undisclosed amount for EVIT expansion. Looking at the present rate of expansion, the
company estimated to cross the 10 million marks by the end of 2020. It is reassuring to see that
funding for the venture had also turned up from governmental agencies such as the ministry of
electronics and information technology which in turn would be beneficial for the organization as
well as the public in the long run.
The joint venture had made its debut at a time when the Indian government also had advanced
the possible EV infrastructure expansion plan under phase two of Faster Adoption and
Manufacturing of Hybrid and Electric Vehicles in India (FAME II). The scheme would bring
2636 new EV charging facilities in metros across the Indian Subcontinent. Statement from Mr.
Prakash Javedekar (Minister of heavy industries and public enterprises) indicates that
government would also ensure that at least one EV charging spot is commissioned in every 4 Km
radius in the city are similar to that of petrol refilling stations. When we consider the state-wise
distribution, under the FAME II scheme, the government would be setting up 317 EV charging
spots in Maharashtra, 266 in Andhra Pradesh and 256 in Tamil Nadu.