Statiq, a leading electric vehicle (EV) charging network, recently received a contract from Rajasthan Electronics & Instruments Ltd. (REIL) to deliver 253 fast chargers for four critical highway projects connecting Agra and Lucknow, Meerut and Goghotri, Chennai and Bellary, and Mangaldai and Wakro. Statiq will supply the chargers to the state-owned business, which will deploy them throughout the four motorway projects.

Several chargers are in operation in Jaipur, Beawar, Jaisalmer, Udaipur, and Jodhpur. Statiq's victory ensures an inexpensive, accessible, and dependable 4-wheeler charging network along these corridors. While this is an outright sale, Statiq stated in a press statement that it will maintain the general quality and upkeep of the equipment for the following three years.

The REIL demand for this tender is a mix of 210 fast chargers with more than 50kW charging capacity and another 43 fast chargers with more than 100kW charging capacity that will charge 4-wheelers quickly.

Statiq has received more than Rs 2 billion in Series 'A' investment. It has partnered with Hero Electric as well as EV manufacturer Ather to expand the integrated EV charging network in the northern states. Statiq's most recent proposal is the next step in expediting this process. Statiq hopes to establish a 20,000-strong charging network by the end of the year, according to the release.

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