"This collaboration allows us to leverage BPCL's vast network, providing seamless and convenient charging solutions to a larger number of EV users," said Akshit Bansal, Founder and CEO of Statiq.
Currently, Statiq operates a network of over 7,000 chargers across 65 cities. The company aims to expand this network to 20,000 chargers by 2025. Statiq’s charging stations are compatible with a wide range of EVs, including models like the Tata Nexon, MG EVZS, and Tata Tiago EV.
With rising adoption rates, electric car sales in India are projected to reach 1.3 to 1.5 lakh units in the current fiscal year (FY25). According to a report by financial conglomerate Pantomath Group, the Indian government may introduce the Faster Adoption and Manufacturing of Electric Vehicles (FAME) 3 scheme to promote EV sales in the upcoming budget. The FAME scheme is anticipated to support electric two, three, and four-wheelers and could receive a budgetary allocation of around Rs 10,000 crore.
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