Indian electric vehicle firm Ather Energy's fast-charging network division, Ather Grid has recently signed an MOU (Memorandum of Understanding) with Magenta ChargeGrid for installing its fast chargers over diverse charging locations across India.
Magenta ChargeGrid, in a statement, said that under this collaboration, an integrated charging for two, three, and four-wheelers will be provided at a single location, and the access will be provided to Ather at its several locations overall India.
These charging stations are expected to be supervised under the ChargeGrid platform by Magenta.
Maxson Lewis, Founder and Managing Director, Magenta, said that the firm is willing to hasten EV adoption in the country by building an overall EV ecosystem. Both the firms' joint approaches will help Magenta work as its long-term vision and offer consumers access a network of safe and smart charging stations across the country and support an easy EV adoption.
This collaborative approach will not only be helping Ather and other OEM players to scale their network rapidly but also aid them in augmenting the investment needs.
Currently, Magenta ChargeGrid is extending its charging network to around 35-40 cities in India. It is intending to set up a network of approximately 11,000 chargers by the end of fiscal year 2023, said the company.
This collaboration will offer Ather Grid access to prime locations across Tier III, Tier II, and Tier I cities and highways in India and offers a broader coverage for EV customers.
At present, Ather has placed approximately 330+ fast-charging Ather Grid points across 35 cities in India and is planning to install 5,000 examples in the coming three years.
So far, the firm has collaborated with retail partners like Blue Tokai, Cafe Coffee Day, Decathlon, and 15 other brands and charging operators Zeon Charging.
Source Credit - https://auto.economictimes.indiatimes.com/news/industry/ather-energy-partners-with-magenta-to-set-up-ev-charging-grids-across-india/91646396