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Terra Charge and BYPL join hands to set up EV charging hubs in Delhi

Under this partnership, Terra Charge together with BSES Yamuna Power Limited (BYPL) will install and maintain EV chargers on sites designated by the Municipal Corporation of Delhi. New Delhi: Terra Charge , a Charging Point Operator (CPO), and BSES Yamuna Power Limited (BYPL), a joint venture between Reliance Infrastructure Ltd and the Govt of NCT of Delhi, have announced a collaboration to advance the electric mobility drive in Delhi. Under this partnership, Terra Charge together with BYPL will build a network of public EV charging hubs across Delhi by installing and maintaining EV chargers on sites designated by the Municipal Corporation of Delhi. Through this collaboration, Terra Charge aims to deliver safe and reliable EV charging solutions to support the USD 913 Million Indian EV charging infrastructure market and help BYPL advance clean transportation solutions. By providing convenient charging solutions, this collaboration may support the Delhi government’s vision to install EV charging stations every 5 km along Outer Ring Road, enabling India to become a global EV leader by 2030. Under this collaboration, advanced EV charging solutions will be deployed in BYPL service areas where EV penetration is high, but a lack of advanced EV charging infrastructure is hampering adoption. The Japanese CPO will leverage advanced technology and install a range of slow AC and fast DC charging options to cater to customers’ diverse needs. The company, which adheres to industry regulations and quality standards, will also provide round-the-clock monitoring and support for its EV charging network. It will also conduct multiple training and awareness programs in association with BYPL to promote the use of EVs in the community. Akhiro Ueda, CEO of Terra Charge, said, “Our partnership with BYPL aligns with our global sustainability goals and embodies our ultimate ‘mission to zero’ vision, which we aim to achieve by promoting sustainable mobility powered by clean energy. We believe the installation of our Japanese technology-backed chargers will accelerate the adoption of electric vehicles in India, helping the public decrease their carbon footprint and contribute to a greener environment.” Terra Charge has installed over 300 chargers in India and has collaborated with multiple all-electric passenger cab services to accelerate India’s EV30@30 campaign. The Japanese CPO aims to foster a long-term partnership with BYPL to support the EV charging infrastructure in India. The company is currently focused on establishing charging hubs in commercial and residential areas and is exploring partnerships to create a vast network of EV charging ecosystems.

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Terra Charge and GrEL Cabs collaborate to enhance EV infrastructure in Pune

As part of the collaboration, the EV infrastructure developer will install 11 advanced EV chargers at the designated hub to offer a fast charging experience to riders. The Japanese technology will be accessible to GrEL Cabs’ electric fleet, ensuring seamless integration with their electric vehicle models and reducing downtime, he company said. EV charging infrastructure development company Terra Charge is collaborating with Pune-based electric ride-hailing service provider GrEL Cabs to develop a Park and Charge Facility in Hinjewadi, Pune. As part of the collaboration, the EV infrastructure developer will install 11 advanced EV chargers at the designated hub to offer a fast charging experience to riders. The Japanese technology will be accessible to GrEL Cabs’ electric fleet, ensuring seamless integration with their electric vehicle models and reducing downtime. As part of the collaboration, the EV infrastructure developer will install 11 advanced EV chargers at the designated hub to offer a fast charging experience to riders. The Japanese technology will be accessible to GrEL Cabs’ electric fleet, ensuring seamless integration with their electric vehicle models and reducing downtime. Terra Charge has previously collaborated with GrEL Cabs to establish a dedicated charging hub for its fleets near Pune airport. Through this collaboration, Terra Charge aims to cater to the fast charging needs of electric fleets, contributing to India’s goal of EV30@30, which aims to record a 30% sales share for electric vehicles by 2030. With this endeavour, the company contributes further to EV charging infrastructure of the city, which boasts nearly 1894 charging stations, the release said. With this, Terra Charge moves closer to its target of installing 1000 charge points by 2024 and recording an annual revenue of USD 668,000. It advances the company’s goal of increasing its market presence while accelerating the rate of EV adoption in the country by installing charging infrastructure at strategic locations for fleet services, said the release. CEO of Terra Charge, Akihiro Ueda , said, “We are pleased to tie up with GrEL Cabs again and advance our shared goals of strengthening the sustainable mobility segment in India. Our new development aligns with Terra Charge’s goal of creating accessible EV charging infrastructure to support the nation’s EV initiative. I believe that by continuing to combine our expertise with GrEL Cabs’ market impact, we can overcome the challenges of e-mobility and fuel India’s transition to a cleaner transportation system.” CEO of GrEL Cabs, Sarthak Bansal,added, “Our longstanding partnership with , added, “Our longstanding partnership with a notable step towards providing our customers with a more reliable and sustainable mobility solution. By equipping our green cab service with Terra Charge’s charging solutions, GrEL Cabs plans to promote a wider EV adoption among cab riders and passengers.

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Terra Charge partners with Go EV Mobility to develop advanced EV charging hub

Terra Charge collaborates with the end-to-end electric logistic solution provider, Go EV Mobility, to develop a park and charge facility with 11 EV chargers, starting with Dwarka, Delhi. Through this collaboration, the companies aim to offer comprehensive EV charging solutions. New Delhi: Terra Charge,an EV Charging Infrastructure Development company, and Gurgaon-based all-electric end-to-end logistics solution provider Go EV Mobility, has announced an exclusive partnership to establish an advanced Park and Charge facility in Dwarka, Delhi. With the installation of the facility with 11 advanced chargers, the industry players aim to contribute to the EV ecosystem. Under this collaboration, Terra Charge plans to integrate its Japanese technology charging solutions with Go EV Mobility’s smart fleet models to offer comprehensive charging solutions to the sector that is estimated to become a USD34.80 billion market in 2024. The initial charging hub underway in Dwarka aims to address EV riders’ parking and charging needs. The strategic partnership will bring Terra Charge’s global expertise in charging infrastructure with Go EV Mobility’s smart fleet and charging solutions to address prominent challenges in the Indian EV sector. Both the companies intend to leverage their market expertise to explore new opportunities and strengthen their presence in the Indian EV landscape, tapping into the market that would grow at a CAGR of 22.20% between 2024 and 2032. The two EV players are likely to strategize further to expand their presence into new Indian EV markets or segments in the future. The CEO of Terra Charge, Akihiro Ueda, said, “We are excited to collaborate with Go EV Mobility, and I am hopeful that through our joint effort, we will be able to solve the challenges slowing down the EV adoption in India with more effect. I believe our combined strengths and market expertise will enable us to offer a more convenient charging experience to electric vehicle users in Dwarka and support the nation’s quest towards electrifying the streets. I am also thrilled to see what exciting opportunities this collaboration will bring for Terra Charge and our EV community. Jasman Singh Chadha, MD and CEO of Go EV Mobility, added, “Our new collaboration with Terra Charge demonstrates our shared vision to offer comprehensive EV solutions to the masses. I believe our partnership will enable us to extend more practical and efficient EV solutions to EV users. I am confident this collaboration will be remembered as a significant step towards achieving our vision of supporting the sustainable transportation ecosystem in India. Terra Charge had also collaborated with SNM Cabs in the past to develop exclusive charging hubs for the ride-hailing service’s electric fleet. The strategic collaboration aligns with Terra Charge’s goal to install 800-1000 electric charge points across India by this year and record an estimated annual revenue of USD 668,000 for the financial year 2024. The company has installed its first lot of EV charging stations in Haryana and is working on expanding its network to other states, including Maharashtra and West Bengal.

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Smart Charging Infrastructure: AI’s Contribution to EV Charging

The electric vehicle sector has gained notable momentum in the past few years, driven by the Indian government’s vision to promote e-mobility in the country. In addition, EVs have found a place among the common people due to the growing awareness of their environmental perks and tangible technological advancements that make the riding experience smooth. Regardless, the transition to electric vehicles and the road to reaching the government’s goal of 30 percent sales market share for electric vehicles by the year 2030 is fraught with some challenges due to the lack of efficient charging infrastructure in the country. As of July 2023, 9,113 public EV charging stations, with 15,493 electric chargers, were operational in the country. However, the number is too low to cater to the burgeoning demand for EV charging, and India needs more advanced setups to optimise its charging efficiency. In this regard, advancements in Artificial Intelligence (AI) can provide solutions to help resolve the common challenges in charging infrastructure and battery management. What is AI’s contribution to EV charging? Here’s how AI is helping mold the advanced EV charging ecosystem in the sector. Developing fast-charging batteries Artificial Intelligence coupled with Machine Learning (ML) has enhanced the process of evaluating the performance of EV batteries. Similarly, integrating AI has helped optimise the overall battery development process, including its design, chemistry, size, and manufacturing. Today, advanced technological innovation is used to reduce test duration, saving time and cost. Further research and integration of AI can bring down years of testing into a matter of a few days. Analysing early data through AI can also help manufacturers estimate how long batteries would last, allowing them to enhance the battery manufacturing cycle significantly. Predicting users’ charging behavior No two EV owners have the same charging preference or requirement. The AI weighs on an EV owner’s key patterns to offer personalised charging suggestions and incentives. Typically, AI uses a ML algorithm to predict their charging behavior, ensuring they have charging stations nearby when they need to power up. Such a development also helps charging hub operators with load management. To elaborate, AI uses real-time data analysis with predictive modeling to allocate charging resources based on energy demand, consumers’ requirements, peak hours, and the overall grid capacity. This approach allows charging hub owners to reduce energy wastage and take care of issues of overloading the power grid during peak hours. Optimising charging schedule AI can be efficient in managing charging schedules, which directly allows to ensure there is always a steady power supply during both peak and slow demand hours. Typically, AI uses factors like the time-of-use tariffs to adjust energy rates as per the power availability. This way it enables the charging station owners to optimise their charging schedule. AI analyses the real-time condition of the EV charging power system to identify the best possible and most cost-effective charging schedule as per the location, grid load, time, and estimated energy requirements. This helps avail of dynamic pricing, which further incentivises EV riders to charge their EV during low rush hours. Optimising charger installation AI can help companies identify the best location for setting up their charging stations in a given region. It is adept at analysing data from multiple sources, including traffic patterns, the area’s population density, existing charging infrastructure, and anticipated EV adoption rates for the region. AI uses the collected data to accurately recommend advantageous locations to set up new charging stations. This helps the concerned entities to optimise their EV charger placements and save money on the cost of installation. While the benefits of integrating AI into charging infrastructure are many, the cost of such an upgrade is quite high. In addition, advanced charging hubs such as the ones powered by AI need an expert team to manage their systems accurately. Since AI uses customer data to run charging stations smoothly, concerns related to users’ data privacy are quite prevalent. However, it is expected that more investments in Research and Development and an increase in charging infrastructure development can help address these concerns and allow the community to benefit from AI-powered EV charging stations. Incorporating AI into the charging technology would offer smart solutions to customers and enable them to manage their charging requirements more efficiently, paving the way for a sustainable tomorrow.

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How much is the cost involved in setting up an EV charging station?

As the electric vehicle (EV) revolution gains momentum worldwide, more and more businesses and entrepreneurs are considering the prospect of setting up EV charging stations. However, one critical question that often comes to mind is: “How much is the cost involved in setting up an EV charging station?” In this article, we’ll understand the various expenses associated with establishing an EV charging station, providing you with a comprehensive understanding of the economics involved. In conclusion, setting up an EV charging station involves various costs, including hardware, installation, site preparation, software, and ongoing operational expenses. While the investment can be significant, it’s crucial to consider the long-term benefits, including potential revenue and the positive environmental impact of promoting electric vehicles. Careful planning and thorough cost analysis will help you make informed decisions about establishing an EV charging station. So, as you explore the economics of EV charging stations, remember that Terra Charge is here to help you realize your vision without the financial burden. The future is electric, and Terra Charge is your trusted partner on this exciting journey. Get started today, and be a part of the green revolution while securing a brighter and cleaner future for all.