Business
Hero MotoCorp Joins Hands With HPCL To Set Up EV Charging Infrastructure Across India
EV charging station (Pic via Twitter)
Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have entered into a collaboration to establish charging infrastructure for Electric Vehicles (EVs) in the country.
As a part of the initiative, the companies will set-up charging infrastructure for two-wheeled electric vehicles (EVs) across the country, thereby providing a fillip to mass mobility’s transition towards an electrified future, Hero Motocorp said in a statement on Tuesday (20 September).
"The two companies will first establish charging infrastructure at HPCL’s existing network of nationwide energy stations, with the likelihood of subsequently broadening the collaboration for supplementary business opportunities," the company said.
In the first phase, charging stations will be set up in select cities, which will then be expanded to other key markets with the aim of establishing a high density of EV charging station network across the country, it added.
Hero MotoCorp will lead the infrastructure development for the charging network.
Each charging station will feature multiple smart and fast chargers, including DC and AC chargers that will be available to all two-wheeled EVs.
The entire user charging experience will be controlled by a Hero MotoCorp Mobile-App, based on a cashless transaction model, the company said.
The HPCL energy station network will also provide accelerated opportunities to expand the scope of operations and services, it added.
“We believe that a smooth and rapid adoption of EVs will be possible only when the customers have easy and convenient access to the supporting infrastructure, especially public charging, and our collaboration with HPCL will go a long way in meeting this requirement," said Hero Motocorp chairman and CEO Pawan Munjal.
“With our vast network comprising more than 20,000 retail outlets & Hero MotoCorp having its strong presence in two wheeler segment bring a unique strategic partnership to create a pan India electric charging infrastructure & providing end- to-end EV charging solutions," said HPCL chairman and managing director Pushp Kumar Joshi.
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