Statiq and Vertelo Join Forces to Accelerate India’s EV Charging Infrastructure
A Strategic Partnership to Power India’s Electric Future
In a significant move to bolster India’s electric vehicle (EV) ecosystem, Statiq, a leading EV charging solutions provider, has announced a strategic partnership with Vertelo, a renowned financing solutions provider. This collaboration aims to significantly expand the country’s EV charging infrastructure, addressing a critical bottleneck in the widespread adoption of electric vehicles.
Key Pillars of the Partnership
Co-development of Charging Sites: Both companies will collaborate to identify and develop new EV charging stations across India. This joint effort will expand the accessibility of charging facilities, making it more convenient for EV owners to charge their vehicles.
Leveraging Core Competencies: Statiq, with its extensive experience in operating over 7,000 chargers in 65 cities, will provide its operational expertise. Vertelo, on the other hand, will contribute its financial solutions expertise to accelerate the deployment of charging infrastructure.
Ambitious Expansion Goals: Statiq has set an ambitious target of increasing its network to 20,000 chargers by 2025. This partnership with Vertelo is seen as a crucial step towards achieving this goal and further solidifying Statiq’s position as a major player in the EV charging industry.
Shared Vision for a Sustainable Future: Both companies share a common vision of promoting sustainable transportation and reducing carbon emissions. By expanding the EV charging network, they aim to encourage wider adoption of electric vehicles and contribute to a greener India.
A Catalyst for EV Adoption
This strategic partnership between Statiq and Vertelo marks a significant milestone in India’s journey towards a sustainable future. By addressing the critical need for a robust EV charging infrastructure, this collaboration will help accelerate the adoption of electric vehicles and reduce reliance on fossil fuels. As India continues to prioritize clean energy initiatives, such partnerships are essential to drive the growth of the EV ecosystem and position the country as a global leader in sustainable mobility.
