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In a statement, Eil Subhash Chandra announced that he planned to launch 250 charging stations and 1,000 battery exchange locations in 20 cities of Uttar Pradesh .
"Essel Infraprojects Ltd, an Essel group company headed by Subhash Chandra, launches an infrastructure initiative for charging electric vehicles and battery exchange under the direction of Essel Green Mobility Ltd. in Lucknow today (Sunday), "the statement said.
The announcement was made during the ceremony of laying the foundation stone by Prime Minister Narendra Modi in Lucknow.
EIL will also invest in the simultaneous deployment of 25,000 e-rickshaws, which will generate 50,000 jobs in the state, he added.
This will reduce the cost of charging the battery and reduce the cost of running per kilometer on par with CNG or any other alternative fuel.
The company will also provide battery exchange options every 2 km 2 that will be supported by digital applications to allow drivers to locate the nearby converter station.
According to EIL, the battery can be changed in 2-3 minutes, thus increasing the productivity of the vehicle.
Operations will start from Ghaziabad and cover other cities, including Lucknow, Kanpur, Agra, Noida, Meerut and Varanasi.
"The project will revolutionize the electric vehicle industry in the country, especially the e-rickshaw segment, as drivers will not need to own any vehicles or batteries and will be able to start their business without too much investment and without complicated documentation, "the statement said.
Essel Group President Subhash Chandra said, "With the launch of this initiative, we have strengthened our badociation with the state and look forward to doing our part in the government's vision of clean mobility. . "
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