EVI Technologies signs MOU for 10 years with BSNL to install EV Battery Swapping stations across PAN India

Updated: January 07, 2020, 05:06 PM IST

With an intent to make India an EV Hub, EVI Technologies Pvt. Ltd
(EVIT), India's fastest growing EV charging solutions Infrastructure Company has recently signed a
10-year MOU with telecom operator Bharat Sanchar Nigam Limited (BSNL) to install Battery
Swapping and EVCharging stations in 5000 locations of BSNL, covering major cities, state &
National highways.

This initiative is going to be an avant-garde project which will have a positive and dominant impact
on the EV industry. The partnership is aimed at solving the problem of EV owned consumers by
installing 100 battery swapping and6 Public Chargers at each BSNL's location.

Under this agreement, EVIT will make the entire upfront investment on services pertaining to the
MoU, along with the operation and maintenance of the Battery Swapping infrastructure by using
qualified personnel. BSNL would be responsible for providing the requisite space and power
connections for installing the Battery Swapping infrastructure.

Speaking about the ambitious project, Rupesh Kumar, CEO, EVI Technologies said, "We are
thrilled to join hands with BSNL for this initiative to help build a conducive ecosystem in
supporting E-mobility in India. EVIT believes that building EV charging infrastructure across India is
spearhead step under the government's National eMobility Programme"

"As our country strives towards 100% Electric vehicle nation, a lot of EV customers are left out
simply because of less charging infrastructure. Our to-be-developed infrastructure at BSNL will
reduce the range anxiety among EV consumers and accelerate the adoption of EVs across India"
he added.

Manoj Kumar Mishra, CGM, BSNL Maharashtra said, "BSNL is committed in developing a strong
EV battery swapping and charging stations in India, which is crucial for wider acceptability of
Electric Vehicles among masses. This initiative of EVIT & BSNL will help to promote clean energy
and reduce carbon emissions".

EVIT has recently raised funding from Napino Auto & Electronics, one of the largest Automotive
Electronics Component manufactures in India for the purpose of company operations. The
company claims to cross 10 Million revenue marks by December 2020.

DISCLAIMER: This information is published as per the press release sent to us. It has not been verified or ratified by OVERDRIVE.

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