Gautam Adani's big plan on EV, will target housing societies

Newztezz Online March 20, 2024 Business,

Even though Gautam Adani does not have an auto company, he is going to make a big contribution regarding EV in the country. Which will start from Mumbai. In fact, Adani's company Adani Electricity is going to install a large number of EV charger points in Mumbai. The special thing is that 4000 residential societies of Mumbai will be covered. This means that the people of the city will have EV charger points available near their homes. Also, the problem of EV charging points in the city will be solved to a great extent. Let us also tell you what kind of planning Adani's company has done regarding EV.

Adani's EV plan

Adani Electricity Mumbai Limited is considering installing 8,500 chargers for electric vehicles (EVs) in apartment blocks in the country's financial capital Mumbai. Giving information, the Adani Group company said on Tuesday that it has started the Share Charge initiative, under which multiple vehicle owners can use the same charging structure. According to the statement, vehicle owners can schedule charging sessions, monitor usage and make payments directly through the mobile app under this initiative.

Preparation to make 8500 charger

Without giving details of the deadline, the company said that it is preparing 8,500 chargers to be installed in 4,000 residential societies in Mumbai. Typically, a four-wheeler will take seven hours to charge, while a two-wheeler will charge in four hours, the statement said. This will solve the problems regarding charging in Mumbai. However, work on charging infrastructure is going on at a rapid pace by the oil companies in the country. So that EV cars can be promoted in the country. Auto companies believe that if work on charging infrastructure is done rapidly in the country, then the share of EV can be increased to 20 percent by 2030.