Aiming to expand its network from 7000 chargers to 20,000 chargers by 2025, Statiq has partnered with BPCL, boosting electric vehicle adoption in India.
On Tuesday, Statiq announced a strategic partnership with the state-run Bharat Petroleum Corporation (BPCL) to accelerate the adoption of electric vehicles (EVs) in India. This partnership will allow Statiq to leverage BPCL’s extensive network, providing more EV users with seamless and convenient charging solutions. It can also accommodate a wide range of EVs, including Tata Nexon, MG EVZS, and Tata Tiago EV, ensuring that all EV users are catered for.
The partnership will also see the development of a customised app for BPCL and integrate BPCL’s existing network of approximately 2,800 chargers, including 2,000 AC and 800 DC chargers, into Statiq’s network. Statiq, with a network of over 7,000 chargers across 65 cities, plans to expand to 20,000 chargers by 2025.
Following the latest report by homegrown financial conglomerate Pantomath Group, the country is considering rolling out the Faster Adoption and Manufacturing of Electric Vehicles (FAME) 3 scheme in the upcoming budget. With a potential budgetary allocation of about Rs 10,000 crore, this scheme will significantly encourage the sale of electric vehicles, paving the way for a more sustainable future.