New Delhi: Electric two-wheeler manufacturer Ather Energy’s fast-charging network arm, Ather Grid, today signed a Memorandum of Understanding (MOU) with EV charging firm, Magenta ChargeGrid, to install Ather Grid fast chargers across charging locations. These charging stations shall be managed by Magenta under the ChargeGrid platform.
Under the partnership, integrated charging across two-three-four-wheelers will be provided at a single location, Magenta ChargeGrid said in a statement and Ather will have the access to the former’s multiple locations across India.
Maxson Lewis, Founder and Managing Director, Magenta, said, “At Magenta ChargeGrid, we strive to accelerate EV adoption in the country by creating an end-to-end EV ecosystem. This collaborative approach with Ather Energy, shall further our vision and allow consumers to access a network of smart and safe charging stations across the country and encourage a seamless EV adoption. This partnership approach will not just help Ather and other OEM players to rapidly scale their network but also help them to optimize the investment required.”
Magenta ChargeGrid is currently expanding its charging network to 35-40 cities in India with the aim to set up a network of around 11000 chargers by the end of FY23, the company said. This partnership will give Ather Grid access to premium locations across Tier I, Tier II & Tier III cities and highways in India and provide wider coverage for EV customers, a media release said.
Currently, Ather has installed around 330+ fast-charging Ather Grid points across 35 cities in the country and it plans to install 5,000 examples in the next three years, it said. The company has so far partnered with charging operators like Zeon Charging and retail partners like Decathlon, Cafe Coffee Day, Blue Tokai and 15 other brands.
Nilay Chandra, VP-Charging Infrastructure and Marketing, Ather, said, “We understand that the growth and expansion of reliable charging infrastructure are critical to facilitate the adoption of EVs in India. The charging infrastructure category is fast evolving, and we understand that collaboration with other charge point operators at this stage will help the industry grow at an exponential scale.”
“Our partnership with Magenta is another step towards building this industry collaboration. It will bring increased convenience by setting up AtherGrids at hubs strategically identified by them. We will continue to lead the shaping of this industry with strategic partnerships on locations, connector standard collaborations, and working with the government on policy formulation,” he added.
Magenta ChargeGrid has formed alliances with prominent DISCOMs across the country such as BSES, BESCOM, among others for establishing a stronger EV (Electric Vehicle) charging ecosystem.
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