Terra Charge and SNM Cabs build advanced EV charging infrastructure in Pune

Terra Charge by Terra Motors, a leading EV Charging Infrastructure company, has announced its collaboration with SNM Cabs, an all-electric mobile-based ride-hailing service provider, to develop a dedicated EV charging hub with 11 efficient chargers near Pune airport.

Terra Charge, which recently ventured into the EV charging infrastructure business in India, will work closely with Pune-based SNM Cabs to establish advanced EV charging infrastructure exclusively for the SNM electric cab fleet. The dedicated hub aims to foster smooth access to EV charging, reduce downtime, and improve operational efficiency for SNM Cabs.

With the strategically located charging station, the infrastructural development ensures uninterrupted operations for SNM’s electric fleet. The two companies also plan to add 4 more EV charging hubs in prime locations by March 2024. Their collaboration aligns with Terra Charge’s aim to install 800 to 1,000 charge points by March 2024, with a target annual revenue of USD 668,000. Through this partnership, Terra Charge and SNM Cabs aim to accelerate the adoption of EVs and enhance the charging infrastructure in Pune and beyond.

Akihiro Ueda, CEO of Terra Motors Charging Solution Private Limited, said, “We are positive about our collaboration with SNM Cabs, and we look forward to developing an exclusive charging station with advanced infrastructure to cater to their growing needs. Our partnership represents a synergy between two progressive entities that are committed to promoting the adoption of EVs in India. We are confident that by developing a charging hub near Pune airport, we will not only cater to SNM Cabs’ EV fleet but also lay down crucial infrastructure that can be pivotal for future growth.”

Sarthak Bansal, Co-founder of SNM Cabs Private Limited, said, “Our partnership with Terra Charge is a significant step toward our commitment to sustainable transportation and making EVs accessible. We want to extend our gratitude to Terra Charge for enabling us to enhance the efficiency of our EV fleet through the dedicated charging hub, and we are sure the same will contribute to the development of the EV ecosystem in Pune significantly.”