Thursday, Apr 25 2024 | Time 14:21 Hrs(IST)
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India


Indian Oil to install EV charging facilities at 10,000 fuel stations

New Delhi, Nov 3 (UNI)To promote greener energy solutions in line with sustainable energy commitments, Indian Oil will install charging facilities for electric vehicles at 10,000 fuel stations over the next three years, the company announced here on Wednesday.
Presently, Indian Oil has 448 EV charging stations and 30 battery swapping stations across the country. The proposed EV charging network will facilitate uninterrupted driving for EV users and boost the country's EV manufacturing ecosystem.
The initiative follows Indian Oil evaluating emerging trends in mobility, focusing on relevant areas in the EV value chain, and exploring potential business opportunities to stay ahead in the transition curve. The company has extensive plans, says Chairman Indian Oil SM Vaidya, with EVs now becoming a reality and is thus gearing up to tide over challenges and leverage opportunities in this area. The bouquet of services will now include alternative energy offerings, including EV charging at fuel stations, with focus on nine cities in the first phase, including Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat and Pune. “This is as per the National Mission for Transformative Mobility and Battery Storage. We will expand the network of charging stations to state capitals, smart cities and major highways and expressways connecting these cities," Vaidya added.
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