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Business EconomyPosted at: Dec 10 2024 8:07PM


Varcas-Ryoto Electrix targets to set up 25,000 EV charging stations in Telangana

Hyderabad, Dec 10(UNI) Varcas-Ryoto Electrix , an eco-friendly mobility solutions and EV scooters manufacturer, on Tuesday announced to set up 25,000 EV charging stations for two-wheelers and three-wheelers in Hyderabad in the next year.
This would be a revolutionary model to install Two and Three Wheeler Charging Stations at a throwaway price of Rs 11,000. A person can set up a charging station at such a low cost and can earn Rs 5000 a month, said Gurgaon based Rytoto Electrix Managing Director Sandeep Ralhan in a press conference here.
All they need is a phase electricity connection and a sufficient parking space for the vehicle to be charged, he informed and added that it will be working 24x7 with the support of a custom-built app E-Volt.
In the 6th Edition of India Green Energy Expo & the 4th Edition of the Green Vehicle Expo beginning from December 12 in Hyderabad, the company is offering EV Scooter for Rs 24,500 as against Rs 38,500 during the three-day expo, Sandeep said.
We are not very keen on selling EV Two Wheelers. We are here to develop EV Infrastructure and Ecosystem, he added.
LN Rao said that the 5,000 capacity facility of the company was located at Dundigal, outskirts of Hyderabad, and plans to set up another EV scooter manufacturing facility at Visakhapatnam.
Without disclosing the investments, he said the 2,500-capacity Visakhapatnam capacity facility will come up by February next year.
Our brand was ‘Neutron Pro Electric scooter’ and so far, the company has brought seven models, he added.
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