Hero Electric Partners with BOLT to set up 50,000 EV Charging Stations across India

Highlights :

  • The slew of tie-ups by Hero Electric mark its efforts to make the EV owning experience as tension free as possible.
  • The 2 wheeler EV market will lead the EV adoption race in India for the foreseeable future, along with the  3 wheeler market for goods and people carriage.

Electric Two wheeler market leader Hero Electric has partnered with BOLT, India’s largest EV Charging Network, to set up 50,000 EV charging stations in India in the next one year. The announcement follows similar announcements involving Electric Pe, Sun Mobility and Massive Mobility that Hero Electric has already announced earlier. These cover the whole gamut of options from sharing, to battery swapping and charging stations. As the market leader, Hero Electric has been focused on tackling the issue of range anxiety among users.

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As part of the collaboration, BOLT chargers will be installed in more than 750 Hero Electric’s touch points across India benefitting over 4.5 lakh customers. Furthermore, around 2,000 Hero Electric riders will avail free of cost BOLT charging units set up at their homes. With rising fuel prices, this tie-up is expected to boost EV adoption .

The BOLT charging network will be leveraged both by Hero Electric’s enterprise partners and EV customers, significantly curbing range anxiety. Additionally, BOLT will be integrated within the Hero Electric App and website, offering a one-stop solution for locating a charging station, booking a slot, and payment. Post-installation of BOLT charging stations, individuals can choose between private/public mode of operation for their charging stations and decide the price depending on existing commercial/EV tariffs. Moreover, subscription-based plans will be announced for Hero Electric riders to ease their usage.

The BOLT charging network is hardware agnostic and will integrate with any charging solution provider in the country. The BOLT OS comes pre-installed in many EVs and, BOLT’s vehicles to charger connectivity (V2C) will enable a seamless fastag-like EV charging experience for EV users.

Hero Electric and BOLT will also be doing a Pilot for IOT tracking solutions for their vehicles. The pilot will also provide Fleet Management and Charging Management solutions to all Hero Electric B2B partners. BOLT will also integrate the BOLT OS enabled Smart speedometer solution with Hero Electric vehicles, enabling a smarter, secure and connected ecosystem, along with BOLT Charging Network.

BOLT’s EV charging network, comprises the universal BOLT Charging Point and the BOLT Operating System. Developed with the objective of building a strong EV charging infrastructure, it claims to be India’s first dedicated network of IoT-enabled EV charging points connecting riders across the country.

The firm claims that over 10,000 BOLT charging points have already been installed across 100 different cities in India, with an installed capacity of over 33000KW and 50,000 active users. It claims that BOLT is also on track to deploy 100,000 charging points in the next 6 months across India .

Hero Electric is the only EV manufacturer to achieve 1 lakh sales milestone for FY22. With over 4.5 lakhs vehicles on road and a wide network of 750+ touchpoint.

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