More
    HomeEV ChargersStatiq wins IOCL tender, to have 18 chargers set up at prime...

    Statiq wins IOCL tender, to have 18 chargers set up at prime locations

    Statiq, a leading electric vehicle EV charging network, has recently won an Indian Oil Corporation Ltd. tender, wherein the PSU will buy 18 new Statiq chargers to set up across the country at prime locations. This win offers Statiq the opportunity to support the nation’s largest oil company’s plan to bolster the domestic EV mobility network structure of the country.

    At their 63rd AGM, the state-owned oil and gas company stated their aim to achieve a net zero emission target by 2046 and of having set aside Rs. 2 trillion to that end. IOCL has been pursuing a robust green agenda to steer the country’s green energy transition by working on many emission mitigation channels such as biofuels, green hydrogen, renewables, etc. The tender is essential to the company’s carbon neutrality plans and will offer as leverage their strong established fuel station network. This system sees over 3.1 crore footfalls every day thus fulfilling over half the fuel requirement of India. IOCL plans to set up 18 new Statiq chargers, an assorted blend of 30kW and 60kW fast chargers for use by any make of 4-wheelers, at prime locations within its network that will reach a sizable EV population and help them travel stress-free by always #StayCharged with Statiq.

    Head- of Government Relations and Corporate Affairs, Statiq, Aman Rehman says, “IOCL is a market leader as well as a thought leader when it comes to the subject of carbon neutrality in this nation. Their work matches their words and it is an honor to win a tender with such a future-ready company. The 18 Statiq EV chargers that they will purchase, by way of the tender, will have an unimaginable reach and we are looking forward to connecting with numerous 4-wheeler owners who will undoubtedly benefit from them. Such a win is extremely strategic for Statiq, as it helps us enhance the EV ecosystem deeply. We are looking forward to several such steps that will gradually add up to our overarching ambition of helping everyone in the ecosystem #StayCharged in an accessible, affordable and reliable manner.”

     “At IOCL, we have embarked on our carbon neutrality journey in the right earnest and as part of our plan, we were searching for an able electric mobility partner. With Statiq having won this tender, we are glad to find a collaborator who will provide us with quality Made-in-India EV chargers.  This will help us propagate to the general population the message of making the transition to clean energy in an easy fashion that is also affordable and reliable,” says Chairman and Managing Director, IOCL, Shrikant Madhav Vaidya.

    As a company, Statiq wants to provide an end-to-end ecosystem for EV charging and assure everybody that a Statiq EV charging station will always be at hand. Working towards that aim, Statiq has raised over Rs. 200 crores in Series ‘A’ funding. They have teamed up with Hero Electric and also collaborated with EV maker Ather, to enhance the combined EV charging network in the northern states of India. The latest proposition is the next step on Statiq’s part to expedite this process further.

    Over the last year, Statiq has launched numerous charging stations to reinforce its already considerable network. By the end of the year, Statiq aims to have an approximately 20,000-strong charging network. Each location is handpicked for one singular reason – that it is located on busy routes with extremely extensive footfalls. Statiq is looking forward to making many more such announcements.

    Related Post

    Most Popular

    Best Picks

    STM32WBA, 1st wireless Cortex-M33 for more powerful and more secure Bluetooth applications #STM32InnovationLive

    Author: STMicroelectronics Update, December 21, 2023 The STM32WBA52xx are now available in a QFN32 package measuring only 5 mm x 5 mm as opposed to the...

    2024 Insights: Dr. Abhilasha Gaur on Skilling’s Impact in...

    In an exclusive interview, Dr Abhilasha Gaur, COO of the Electronics Sector Skills Council of India (ESSCI), sheds light on how skilling processes will...

    Simulation Tool Prevents Severe Issues in Various Automotive Scenarios

    Authors: Giusy Gambino, Alessio Brighina, Francesco Giuffre’, Filippo Scrimizzi, STMicroelectronics, Catania, Italy When conceiving and implementing cutting-edge solutions that can thrive in harsh automotive environments a...

    SensorTile.box PRO, a new story about a professional board...

    Author: STMicroelectronics  The SensorTile.box PRO redefines what it means to use professional tools destined for the Internet of Things by making the technology accessible to more than...

    STM32CubeMonitor 1.7, STM32CubeMonitor-UCPD 1.3, and STM32CubeMonitor-RF 2.12, more powerful...

    Author: STMicroelectronics STM32CubeMonitor 1.7 became more flexible thanks to new UI improvements in an effort to adapt to the many use cases it must handle. For...

    Driving the Future: Exploring Innovations in the Automotive Power...

    The global automotive power electronics market is set to achieve a valuation of US$ 6 billion by 2033, advancing at 4.1% CAGR from 2023 to 2033, as...

    Empowering Karnataka’s Electronics Industry: An Insightful Conversation with CLIK...

    Karnataka, a shining star in India's technological landscape, has earned international acclaim for its thriving electronics and IT sectors. Fuelled by a legacy of...

    Aimil Ltd.: Setting the Benchmark for Instrumentation Solutions at...

    Aimil Ltd., an ISO 9001:2015 certified company with a heritage tracing back to 1932, holds a prominent position as a leading provider of cutting-edge...

    Electrify Your Future: A Thriving Career in the E-Mobility...

    In an era where sustainability and innovation reign supreme, the E-Mobility sector has emerged as the driving force behind a transformative shift in the...

    Must Read