Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 17 2019

In line with govt’s electric mobility mission, Vakrangee to set up electric vehicle charging stations across India

Vakrangee further aims to increase the number of Nextgen Vakrangee Kendra outlets to 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25.

In line with govt’s electric mobility mission, Vakrangee to set up electric vehicle charging stations across India

Vakrangee is planning to set up electric vehicle (EV) charging infrastructure facilities across India through its 3,504 Nextgen Vakrangee Kendra outlets spread across 19 states. The move is in line with the government’s electric mobility mission, which proposes to replace the internal-combustion engine (ICE)-powered three-wheelers and two-wheelers (up to 150cc) by 2023 and 2025, respectively.

Vakrangee further aims to increase the number of Nextgen Vakrangee Kendra outlets to 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25.

The company said in a statement, "Vakrangee plans to leverage this deep presence by being an enabler for the EV charging facility through its network of retail outlets called as Vakrangee kendras. We continue to focus on expanding the bouquet of services available at our Nextgen Vakrangee Kendras."

"For all operators who want to set up electric vehicle services in India, It will make sense for them to leverage our charging infrastructure rather than building one of their own. We are building a large charging footprint on a pan-India basis through our network of Nextgen Vakrangee Kendra outlets," it added.

Dinesh Nandwana, Executive Chairman of Vakrangee, stated, "We believe that the electric vehicle space is a huge growth opportunity for the coming years and we want to be future-ready by developing a pan-India footprint of EV charging infrastructure. We would be an enabler by providing the distribution platform for the EV charging facility through our partnership with the EV service providers."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Tea And Coffee Chain
    About Us: New York City has always been a point of..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Bars, Pubs & Lounge
    About Us: INDIA’S FIRST UNIQUE FRANCHISEE INVESTMENT MODEL: MINIMUM PROFIT GUARANTEE Co-fou..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Other Vocational Training
    About us: KALAPURNAM is a reputed brand since 2006 that provides..
    Locations looking for expansion Gujarat
    Establishment year 2006
    Franchising Launch Date 2014
    Investment size Rs. 2lac - 5lac
    Space required 1400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Bike Reselling
    About Us: Introducing your very own Pre-owned two-wheeler destination. Now get rid..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities