Bengaluru EV Revolution Gets a Charge with $2.65 Million
Bengaluru, India – The Climate Pledge, launched by Amazon and Global Optimism, opens a strategic investment in Bengaluru to accelerate the adoption of electric vehicles.
The project, known as JOULE or Joint Operation Unifying Last-mile Electrification, will achieve US$ 2.65 million by 2030 to set up a network of shared electric vehicle charging stations, thereby supporting around 5,500 electric vehicles for this clean energy transition in Bengaluru.
JOULE has some key supporters in Amazon, Mahindra Logistics, Uber, HCLTech, Greenko, and Deloitte. Moreover, Kazam is the Indian EV platform which will prepare the charging stations, while renewable energy provider Greenko will provide that power.
This will be delivered in form of a throughput of 22,700 megawatt-hours of energy. The project will conserve 11.2 million liters of fuel while the carbon emissions will be reduced by 25,700 tonnes in 2030. This will prove to be instrumental in improving air quality in Bengaluru and reducing climate change.
This investment in JOULE indicates that the commitment towards electric mobility in India is increasingly becoming a priority. However, as India continues to focus on sustainable transportation, this effort will be critical in undertaking the introduction of EVs and reducing fossil fuels.
Bengaluru’s Electric Vehicle Infrastructure Gets a Boost
The project, JOULE, aims to address the country’s current infrastructure deficit by expanding the network of EV charging stations.
“Together with the Pledge signatories, we are proud to launch this joint action initiative, which will support India’s transition to electric vehicles, … This project not only addresses some of the current challenges in India’s charging infrastructure but also sets a new standard for corporate climate collaboration.”
Sally Fouts, Global Leader of The Climate Pledge.
This investment in JOULE indicates that the commitment towards electric mobility in India is increasingly becoming a priority. Moreover, as India continues to focus on sustainable transportation, this effort will be critical in undertaking the introduction of EVs and reducing fossil fuels.
JOULE Project Boosts India’s Electric Vehicle Transition
The project is expected to create 185 full-time jobs between 2024 and 2030, contributing to economic growth in the region. It also builds upon The Climate Pledge’s previous initiatives, such as the Laneshift program, which has been instrumental in promoting the adoption of zero-emission vehicles in major Indian cities.
“This initiative not only improves the accessibility of EV infrastructure but also shows the strength of public-private partnerships in driving India’s transition to a more sustainable future,”
Gunjan Krishna, Karnataka’s Industries Commissioner.
“JOULE represents a crucial milestone in our shared mission to combat climate change and drive the transition to green mobility,”
Paras Shah, COO and Co-Founder of Kazam.
The JOULE project is a testament to the growing momentum behind electric vehicles in India. By expanding charging infrastructure and creating jobs, it is contributing to a more sustainable and environmentally friendly future.