New Delhi: The EV charging infrastructure startup EVI Technologies (EVIT) on Monday announced its partnership with digital lending start-up, RevFin alongside electric three-wheeler manufacturing companies, Saarthi and Mayuri for funding lithium-based electric vehicle and swappable batteries.
As part of the tie-up, EVI Technologies will provide swappable battery solutions and Revfin will help finance users to get EVs along with Swappable batteries. This partnership aims to have over 10,000 EVs on the roads this FY 20-21.
The initiative will majorly cover states like Delhi-NCR, UP, Chhattisgarh, Haryana.
Speaking on this partnership, Rupesh Kumar, Founder and CEO of EVI Technologies said, “We are excited to tie-up with RevFin along with Saarthi and Mayuri, as it will provide an easy solution to all challenges faced by EV drivers and the EV sector as a whole. Together, we hope to have over 10,000 electric vehicles with swappable battery options on the road by the end of this fiscal year.”
Sameer Aggarwal, Founder & CEO, RevFin said, “EVI Technologies is helping bring the infrastructure and other arrangements to this segment, which will help in building up the scale. We are very excited to work with the team at EVI Technologies in building the future of mobility. We are also very happy that popular brands like Saarthi and Mayuri will be participating in this endeavour.”
EVI Technologies had also signed an MOU with Bharat Sanchar Nigam Ltd (BSNL) before lockdown to set up battery swapping and charging stations across the country, covering major cities. As part of the 10-year memorandum of understanding (MoU) inked between the two entities, EVIT would install battery swappable charging infrastructure at 5,000 locations of BSNL.
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