Hyundai Partners with Charge Zone for EV Charging Network
By Rediff Money Desk, New Delhi Jul 24, 2024 16:30
Hyundai Motor India and Charge Zone collaborate to install high-speed EV chargers at 100 dealerships across India, expanding public charging infrastructure and promoting EV adoption.
![Hyundai Partners with Charge Zone for EV Charging Network](https://im.rediff.com/money/2021/nov/09ev-charging1.jpg)
Photograph: Francis Mascarenhas/Reuters
New Delhi, Jul 24 (PTI) Hyundai Motor India on Wednesday said it has tied up with Charge Zone to set up charging infrastructure for electric vehicles.
As per a Memorandum of Understanding (MoU), Charge Zone will install DC 60 kW fast chargers across 100 Hyundai dealerships in India.
The strategic partnership aims to aid the expansion of public EV charging infrastructure in the country, Hyundai Motor India said in a statement.
These public EV charging stations will also provide convenience to all EV users for intercity and intracity travel considering the locations of dealerships across cities and highways, it added.
"As India aims for greater adoption of electric mobility, it is equally important to bolster the EV charging infrastructure to counter range anxiety and build customer preference towards adoption of electric mobility," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said.
Strategic alliances are crucial for accelerating the adoption of electric mobility solutions by customers and achieving India's carbon neutrality goals, he added.
Currently, Hyundai has 19 dealerships equipped with DC 60 kW public EV charging stations.
As per a Memorandum of Understanding (MoU), Charge Zone will install DC 60 kW fast chargers across 100 Hyundai dealerships in India.
The strategic partnership aims to aid the expansion of public EV charging infrastructure in the country, Hyundai Motor India said in a statement.
These public EV charging stations will also provide convenience to all EV users for intercity and intracity travel considering the locations of dealerships across cities and highways, it added.
"As India aims for greater adoption of electric mobility, it is equally important to bolster the EV charging infrastructure to counter range anxiety and build customer preference towards adoption of electric mobility," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said.
Strategic alliances are crucial for accelerating the adoption of electric mobility solutions by customers and achieving India's carbon neutrality goals, he added.
Currently, Hyundai has 19 dealerships equipped with DC 60 kW public EV charging stations.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- IFL Enterprises
- 1.25 (+ 4.17)
- 61401183
- Khoobsurat
- 1.71 (+ 4.91)
- 50098427
- Srestha Finvest
- 2.38 (+ 4.85)
- 46257515
- Vodafone Idea L
- 15.58 (+ 1.96)
- 34344791
- GTL Infrastructure
- 3.03 (+ 4.84)
- 29202832
MORE NEWS
![SAR Televenture...](https://im.rediff.com/80-80/money/2023/jan/20telecom.jpg)
SAR Televenture FPO Oversubscribed 7.5 Times
SAR Televenture's Rs 150 crore FPO was subscribed 7.5 times, following a fully...
Welspun Living Q1 Profit Up 14% to Rs 185.95 cr
Welspun Living reported a 14.3% rise in consolidated net profit to Rs 185.95 crore in...
![RBI Cancels...](https://im.rediff.com/80-80/money/2018/jan/17bank.jpg)
RBI Cancels Licence of Mahabhairab Coop Urban...
The Reserve Bank of India (RBI) has cancelled the licence of Tezpur-based The...