EVI Technologies plans 20,000 charging stations

NEW DELHI: Electric vehicle (EV) charging infrastructure provider EVI Technologies plans to invest around ₹100 crore in the next one and a half years to set up 20,000 charging stations across the country, a senior company official said. The firm, incubated at the Electropreneur Park funded by the ministry of electronics and information technology, has also tied up with BSES Rajdhani Power Ltd to set up around 3,000 electric vehicle charging stations in Delhi. “We have a target to create a network of around 20,000 EV chargers in the next one and a half years. This will include home and public charging stations,” EVI Technologies chief executive officer Rupesh Kumar told PTI. When asked about the investments for the planned stations, he said: “It will be around ₹100 crore. We are tying up with some finance partners, who are already providing finance for the leasing model. We are already in discussion with some of them.” Currently, the start-up has presence in 16 different locations in ten states.