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Fortum Charge collaborates with Charge+Zone to strengthen EV charging network

4
min
April 12, 2024
Fortum Charge collaborates with Charge+Zone to strengthen EV charging network

This festive season, make an investment that can bring you real returns!With the myths going around that the god of wealth, Kuber, blesses any investments you make on this day to bring them to 13x of the initial investment,there may be an opportunity that is just lying in wait for you to make the most of EV Charging Stations.



1 Million EVs Sold



Despite India recently announcing that it achieved the 1 million EVs sold mark, the charging infrastructure in and around the country remains greatly underutilized.



With an increase in users projected in the short to middle term, the EV revolution is taking roots in the country, you are perfectly positioned to make the most of this investment in a growing sector.



With the number of EV charging stations required by the country set to take a steep turn in the positive direction, the time to position yourself is now! There was no better time to be a part of the revolution and ChargeZone is here to make it all the easier for you!

EV Charging in India

With consumer sentiment remaining the same on several aspects, the key barrier to adoption of EV or hybrid vehicles even to date remains the lack of a robust public EV charging station infrastructure in India.

Reportedly, there were a total of 6,586 public stations established in March 2023, of which only 419 were on public highways.Meanwhile, EV vehicles are on the uptick.

According to research firm, Jato Dynamics, EV sales grew to 112% year on year in between April - September 2023. With 50,284 units sold in the same period, this reflects an effective doubling of the sale of the EVs during the same period in the past year!



Despite attempts by the Government to set up a more effective EV charging infrastructure for the automobile market of India, the number of public charging stations remains slow on progress. With a rising demand and a stagnating supply from the public at large, this creates the perfect storm for private players to profit from the market.

How to Invest?

With the hottest new opportunity in infrastructure building in the country knocking on your door, all you need to do is open the door.Despite most technology being readily available, setting up a charging station still requires certain sector specific expertise. 



Be it with management software to support the station once up and running or with respect to getting the required infrastructure in place for the perfect activation.ChargeZone can bring you ready development plans for charging stations. 



Driving down your opportunity cost to nearly and driving up your profits. It's time to seize the chance to be a part of a moment larger than yourself.With cutting edge solutions for EV battery management including charging and battery swapping.



ChargeZone allows for you to set up a revenue stream that is poised for tremendous growth in the years to come!Contact us to know how you can be a part of the movement today!

Charge Zone®: Your exclusive partner in EV charging, providing unparalleled protection against fraud and chargebacks.
Contact us today for secure and reliable solutions.
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