Statiq Teams Up with Vertelo to Boost Charging Infrastructure
POWER & RENEWABLE ENERGY

Statiq Teams Up with Vertelo to Boost Charging Infrastructure

EV charging network operator Statiq has formed a partnership with e-mobility solutions provider Vertelo to enhance the country's charging infrastructure. As part of the collaboration, Statiq will provide turnkey solutions, which include supplying EV chargers and handling the complete execution of engineering, procurement, and construction (EPC) services for installing and commissioning the chargers. The two companies will also co-develop EV charging sites, further reinforcing India's EV infrastructure.

Akshit Bansal, the founder and CEO of Statiq, mentioned that aligning with Vertelo would allow them to expand their reach and offer better service to their users. He added that by combining their technology and infrastructure expertise with Vertelo's financing solutions, they are paving the way for a more sustainable and greener future.

Statiq, which currently operates over 7,000 chargers across 65 cities, plans to expand to 20,000 chargers by 2025. The company stated that this partnership with Vertelo is a significant part of its growth strategy.

Sandeep Gambhir, the CEO of Vertelo, stated that their focus is on making the transition to electric vehicles easier for everyone. He further explained that by partnering with Statiq, they are ensuring the necessary charging infrastructure is in place to support this transition.

EV charging network operator Statiq has formed a partnership with e-mobility solutions provider Vertelo to enhance the country's charging infrastructure. As part of the collaboration, Statiq will provide turnkey solutions, which include supplying EV chargers and handling the complete execution of engineering, procurement, and construction (EPC) services for installing and commissioning the chargers. The two companies will also co-develop EV charging sites, further reinforcing India's EV infrastructure. Akshit Bansal, the founder and CEO of Statiq, mentioned that aligning with Vertelo would allow them to expand their reach and offer better service to their users. He added that by combining their technology and infrastructure expertise with Vertelo's financing solutions, they are paving the way for a more sustainable and greener future. Statiq, which currently operates over 7,000 chargers across 65 cities, plans to expand to 20,000 chargers by 2025. The company stated that this partnership with Vertelo is a significant part of its growth strategy. Sandeep Gambhir, the CEO of Vertelo, stated that their focus is on making the transition to electric vehicles easier for everyone. He further explained that by partnering with Statiq, they are ensuring the necessary charging infrastructure is in place to support this transition.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code