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ElectriVa joins a joint venture in Karnataka with SIC group

AutoEV Times by AutoEV Times
March 13, 2023
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Start-up By collaborating with SIC, a group with interests in the financial markets and related industries based in Bangalore, ElectriVa, the top Charge Point Operator (CPO) in North India, has expanded into Karnataka.

“In the upcoming year, we plan to install EV charging stations in the top 50 cities in the nation. One of the biggest CPOs in Delhi NCR is us. According to Sumit Dhanuka, founder of ElectriVa, the company aims to build, run, and maintain more than one-fifth of all EV stations in India over the next three years.

Partnerships with EV fleet companies, who are suppliers of EV cars, are giving the charging company ElectriVa a significant boost. Through these partnerships, ElectriVa offers smooth EV Charging Services to fleets.

Around 6% of new cars in Bangalore are electric vehicles, and CPOs like ElectriVa can ease the transition to electric vehicles by offering reliable charging services throughout the city. “We are devoted to offering our customers hassle-free, hygienic, and environmentally friendly EV Charging. We obtain energy from renewable sources because we are a CPO focused on EVs with Net-Zero Emissions, says Sumit Dhanuka.

The SIC Group, led by CEO Sidharth Handa, is eager to participate in the current revolution and is certain that ElectriVa will be the go-to partner for charging stations throughout Karnataka.

In a joint report from the Indian Venture and Alternate Capital Association (IVCA), Indus law, and EY, it is predicted that by 2027, there will be 100,000 EVCS to meet the rising demand from the anticipated 1.4 million EVs on the roads. Another study found that India would require a staggering 20 lakh charging stations by 2030 to accommodate a massive 5 crore EVs by that year.

For all types of EVs, including buses, ElectriVa offers an end-to-end EV Charging Solution for both AC and DC-based fast charging. These quick-charge stations will eventually become more visible outside of major cities, metro areas, and highways.

Tags: chargingElectriVaEV ChargingEV stations
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