Statiq, a leading electric vehicle (EV) charging network, has recently won an Indian Oil Corporation Ltd. (IOCL) tender, wherein the PSU will buy 18 new Statiq chargers to set up across the country at prime locations. This win offers Statiq the opportunity to support the nation’s largest oil company’s plan to bolster the domestic EV mobility network structure of the country. IOCL is the last to enter in the space of giving out space to EV charger installers at its pumps. BP-Jio have already reached many places after sigining contracts almost a year ago.
At their 63rd AGM, the state-owned oil and gas company stated their aim to achieve a net zero emission target by 2046 and of having set aside Rs. 2 trillion to that end. IOCL has been pursuing a robust green agenda to steer the country’s green energy transition by working on many emission mitigation channels such as biofuels, green hydrogen, renewables, etc. The tender is essential to the company’s carbon neutrality plans and will offer as leverage their strong established fuel station network. This system sees over 3.1 crore footfalls every day thus fulfilling over half the fuel requirement of India. IOCL plans to set up 18 new Statiq chargers, an assorted blend of 30kW and 60kW fast chargers for use by any make of 4-wheelers, at prime locations within its network that will reach a sizable EV population and help them travel stress-free by always #StayCharged with Statiq.
Head- of Government Relations and Corporate Affairs, Statiq, Aman Rehman says, “IOCL is a market leader as well as a thought leader when it comes to the subject of carbon neutrality in this nation. Their work matches their words and it is an honor to win a tender with such a future-ready company. The 18 Statiq EV chargers that they will purchase, by way of the tender, will have an unimaginable reach and we are looking forward to connecting with numerous 4-wheeler owners who will undoubtedly benefit from them. Such a win is extremely strategic for Statiq, as it helps us enhance the EV ecosystem deeply. We are looking forward to several such steps that will gradually add up to our overarching ambition of helping everyone in the ecosystem #StayCharged in an accessible, affordable and reliable manner.”
“At IOCL, we have embarked on our carbon neutrality journey in the right earnest and as part of our plan, we were searching for an able electric mobility partner. With Statiq having won this tender, we are glad to find a collaborator who will provide us with quality Made-in-India EV chargers. This will help us propagate to the general population the message of making the transition to clean energy in an easy fashion that is also affordable and reliable,” says Chairman and Managing Director, IOCL, Shrikant Madhav Vaidya.
As a company, Statiq wants to provide an end-to-end ecosystem for EV charging and assure everybody that a Statiq EV charging station will always be at hand. Working towards that aim, Statiq has raised over Rs. 200 crores in Series ‘A’ funding. They have teamed up with Hero Electric and also collaborated with EV maker Ather, to enhance the combined EV charging network in the northern states of India. The latest proposition is the next step on Statiq’s part to expedite this process further.
Over the last year, Statiq has launched numerous charging stations to reinforce its already considerable network. By the end of the year, Statiq aims to have an approximately 20,000-strong charging network. Each location is handpicked for one singular reason – that it is located on busy routes with extremely extensive footfalls. Statiq is looking forward to making many more such announcements.
