1. Statiq installs EV charging stations at 3 amusement parks.
EV charging company Statiq has announced the launch of EV charging stations at Wonderla Parks & Resorts in Bengaluru, Hyderabad & Kochi.
The charging stations feature AC chargers & DC fast-chargers.
Wonderla is India’s largest chain of amusement parks.
2. Bolt.Earth installs EV chargers in Secunderabad (Near Hyderabad).
EV charging company Bolt.Earth has announced installation of EV charging solutions at Chandra’s Bella Vista Apartments in Secunderabad (near Hyderabad) in Telangana. The company has installed its Blaze AC Fast Charger at the apartment parking.
A week back, Bolt.Earth installed 7 EV chargers at logistics company Allcargo’s warehouse in Secunderabad.
3. Odysse Electric to supply 40,000 EVs to Zypp Electric.
Mumbai-based electric two-wheeler manufacturer Odysse Electric has announced a major deal with EV-as-a-Service company Zypp Electric. Odysse has secured an order of 40,000 EVs from Zypp as part of an investment deal. These 40,000 electric two-wheelers will be delivered over a period of 3 years.
Zypp's investment is expected to bolster Odysse's B2B market presence. Nemin Vora, CEO of Odysse Electric gave a statement: "The new investment in Odysse Electric signifies a pivotal moment. Zypp Electric's deep industry expertise & vision of fleet electrification will significantly accelerate our nationwide expansion plans underscoring the robust B2B & consumer demand for EVs." Akash Gupta, CEO of Zypp Electric revealed his company’s plans to deploy 2 lakh EVs over the next 2-3 years to decarbonize the last mile. The two companies haven’t disclosed the nature and quantum of investment.
4. Tamil Nadu to work with World Bank for EV roadmap.
Tamil Nadu state government has requested the World Bank to develop a roadmap for job creation & ecosystem development while the state transitions from conventional fuel-powered vehicles to electric vehicles. World Bank officials will meet multiple stakeholders in TN to outline this roadmap. At present, it is unclear whether World Bank will fund any project in the state. This news transpires with the World Bank’s comprehensive efforts to support India’s low-carbon transition by means of a $1 billion line of credit to State Bank of India for working on Battery Energy Storage Systems (BESS) & electric mobility in the country.
TN government has shortlisted 6 cities in the state: Chennai, Coimbatore, Tiruchirappalli, Tirunelveli, Madurai & Salem, for development as EV hubs. Tamil Nadu accounts for 70% of India’s total electric two-wheeler manufacturing, with big names in the EV industry: Ola Electric, TVS Motors & Ather, based in the state.
5. New study by Accenture makes major prediction regarding global EV ownership.
Multinational consulting firm Accenture, in its latest study on EVs, states that across the world 57% of vehicle owners will have an EV in 10 years and EV manufacturers should focus more on the mainstream. Accenture collected its data based on in-depth interviews & surveys with 6000 car drivers across the US, Germany, France, China, Italy & Japan.
In 2023, around 14 million EVs were sold globally, with a 35% year-on-year increase. The study by Accenture says that so far EV manufacturers have successfully catered to 'tech-enthusiasts & eco-conscious' people. But mainstream drivers are different. They prioritize safety & affordability. The survey shows that 43% of non-EV drivers are considering an EV as their next purchase, and 47% of overall drivers are convinced that the future belongs to EVs. Accenture also categorized potential EV buyers in different profiles: the ‘strategist’ who values luxury, status & cutting-edge technology, but represent only 45% of potential EV buyers. The other 55%, profiled as ‘conservatives’ & ‘frugal’ drivers, who care more about affordability and how well these EVs integrate into their everyday lives. Issues like less EV charging stations, high upfront costs & potential lifestyle disruptions are important reasons which deter many drivers from switching to EVs. Apart from this, the study also talks about EV charging infrastructure in the US. Charging infrastucture has continued to expand in the US and a big positive has been identified as super busy spots such as Walmart & Costco also offering EV charging solutions now.
For complete charging solutions, explore the Kazam website.
