EVRE to build 5K charging stations by 2024 for Zyngo

EVRE, an integrated charging infrastructure company that follows EaaS (Energy-as-a-Service) model, has announced that it will be setting up 5,000 charging stations by 2024 for Zyngo, a hyperlocal delivery service provider catering to the needs of B2B and B2C consumers. Zyngo currently has a fleet of 500 vehicles that it is aiming to ramp up to 10,000 vehicles.  

Krishna K. Jasti, Co-Founder and CEO of EVRE, said, “We aim to increase new business value through co-creation with services and businesses, such as the advancement of Computer Vision technology.  Through such partnerships, we are looking towards developing an integrated ecosystem for EV fleet owners as well as EV users across the country.”  

During the first phase of partnership, EVRE will support Zyngo with 500 charging stations for its EV fleet of 500 EVs. The 5,000 chargers, once established, will be integrated with the rest of the EV ecosystem across the country through the EVRE App.    

Also read: What to expect from India’s EV industry in 2022

“Zyngo will use these chargers to extend its last-mile access as it looks to leverage increased growth opportunities through geographical expansion.  On its part, EVRE will design, manufacture and execute the operation and maintenance of the EV charging infrastructure,” EVRE said in a statement.    

Earlier, Bengaluru-based tech-logistics company LetsTransport had also joined hands with EVRE to set up parking and charging infrastructure for its 1,000 electric vehicles' fleet across 12 cities.  Under this agreement, EVRE will install 1,000 EV charging stations across India in the next six months that will be leveraged by LetsTransport and other EV fleet owners.