*RapidEVChargE to install 1000+ EV charging units across the Telugu States in 18 months*

*RapidEVChargE to install 1000+ EV charging units across the Telugu States in 18 months*

- Company is in talks with channel partners to spread its wings in Telangana & AP

Hyderabad: RapidEVChargE, one of the fastest-growing EV charging solutions companies is all set to expand its footprint pan-India and aims to install more than 1000 EV charging units across Telangana and Andhra Pradesh in the next 18 months. In addition to manufacturing a wide range of EV chargers, the RapidEVChargE’s proprietary software is the only indigenously developed solution that allows compatibility and an optimized user experience. RapidEVChargE is in the advanced stage of talks with channel partners who would help the “Brand” spread its wings in the Telugu States.

The Indian automotive industry is the fifth-largest in the world and is slated to be the third-largest by 2030. The electric vehicle industry in India is picking pace with new manufacturing hubs, and an increased push to improve charging infrastructure. While the global automotive industry is witnessing a transition towards alternative/less energy-intensive options, India too is investing heavily into electric mobility. The burden of oil imports and rising pollution levels are compelling countries around the world to commit to cutting pollution levels, and e-mobility is one of the key components to achieving the set targets.

Commenting on the company’s prospects, Mr. P. Sivasubramaniam, Founder & CEO, of RapidEVChargE said, “Tapping into the great EV market opportunity India offers, RapidEVChargE has developed products to suit the needs of individual or common use partners for domestic or commercial utility. RapidEVChargE is on the fast lane to grow across the country, by installing AC, DC, and CC varieties of chargers. The company is also in talks with automobile OEMs and other business establishments to provide them with suitable EV charging solutions. With a large portfolio of 14 models, RapidEVChargE platform is integrated to the cloud, and offers easy solutions for EV charging, including payment and helps achieve high uptime.”

The Indian EV technology evolution is witnessing sizable investments in R&D and product development, both on the automobile platforms and battery/charging technology. It is being estimated that India needs about 400,000 charging stations to meet the requirement for two million EVs that could potentially ply the roads by the year 2026. India needs a transportation revolution because cars running on expensive imported fuel and cluttering up already overcrowded cities suffering from infrastructure bottlenecks and intense air pollution is an unfeasible model.