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File Photo (Bloomberg)
File Photo (Bloomberg)

EV startup launches India’s largest low-cost EV charging station network

  • The owner of the charging station can earn 100% revenue from EV charging.
  • The first Kirana Charzer will be installed in Electronic City Bangalore.

Bengaluru-based EV Startup FAE Bikes has launched Kirana Charzer, a low-cost, smart EV charging station costing just 10,000 focused on enabling small shops and individuals to install their own charging stations and earn additional income.

The startup launched the charging station at an event in London. Kirana Charzer is a compact, zero-maintenance and IoT enabled charging station which they are providing at a subsidized price of 10,000. The startup promises Kirana Charzer to be India’s cheapest charging station which allows the owner to earn 100% revenue from EV charging.

Kirana Charzer can be installed anywhere including small kirana shops, paan shops, grocery stores, restaurants and homes with standard power supply. Kirana Charzer is compatible with all 2-wheeler, 3-wheeler and 4-wheeler electric vehicles.

FAE Bikes is a prominent electric scooter startup in India. The startup was founded by IITians and NITians who have raised investments from esteemed investors in India, Europe, and the USA.

During his presentation the founder of the startup Sameer Ranjan Jaiswal said, “We have been in the EV domain and realised that EVs cannot become mainstream until charging infrastructure is present. There is an urgent need for millions of charging stations in India. We want to do our part in growing the ecosystem and plan to install 1 lakh charging stations in 2020. In the pilot stage, we have received orders for 470 charging stations. We have also partnered with EV Manufacturers Hero Electric and Jitendra EV Tech and will provide free subscription for their users in Charzer app for 60 days."

He also said, “Charging stations are the petrol pumps of the future and we want the common man to benefit from it instead of the select few. Real scale and adoption can only happen if the general public gets involved in setting up the charging infrastructure. We have designed Kirana Charzer keeping these issues in mind."

Other Co-Founder Dheeraj Reddy informed that the installations will begin from March and they are installing the first Kirana Charzer in Electronic City Bangalore.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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