Kerala-based energy technology startup, chargeMOD, which provides EV charging solutions, plans to set up an additional 1,000 slow chargers and 200 fast chargers across various states with a view to a pan-India expansion.
The company plans to set up an additional 500 slow chargers and 100 fast chargers to expand its presence in Kerala. This is in addition to the existing 1,500 charging stations in Kerala and 2,000 stations across India. Till now, the company operates around 1,300 AC slow chargers and 150 DC fast chargers in Kerala and about 500 AC slow chargers outside the state.
“chargeMOD has set a new benchmark in the EV charging industry by building an entire EV charging ecosystem, including hardware and software, designed and manufactured in India. Strategically placed AC slow chargers within a 5km radius and DC fast chargers within a 50km radius, we provide convenience and accessibility to EV users across the country,” said M Ramanuni, CEO and Co-founder.
As part of its next major initiative, the company plans to roll out ultra-fast chargers with capacities ranging from 120kW to 340kW to further improve charging speed and convenience for EV users across the country. To date, the company has installed over 2,000 chargers across India and has seen over 72,000 user downloads of its app.
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With more than 120 new subscribers joining the network every day, ChargeMOD has enabled more than 4 million emission-free kilometres, prevented more than 995 tonnes of greenhouse gas emissions and saved more than 160,000 litres of petrol, he added.
ChargeMOD has a network of over 2,000 charging stations across 10 states across the country, offers customer support in six languages and has 150 fast charging stations. Recently, the company raised a pre-seed investment round of Rs 250 crore from Phoenix Angels.
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