Hero MotoCorp joins hands with BPCL to set up charging infra for 2W EVs

As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network

Electric vehicles
File Photo
Press Trust of India New Delhi
2 min read Last Updated : Feb 22 2022 | 6:07 PM IST

Two-wheeler major Hero MotoCorp on Tuesday said it has joined hands with Bharat Petroleum Corporation Ltd (BPCL) to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country.

Last year, BPCL had announced that it is converting 7,000 conventional retail outlets into energy stations providing multiple fuelling options, which will include EV charging facility also, in the medium to long term.

As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network. Subsequently, they may broaden the collaboration to develop more synergies within the EV ecosystem and adjacent business verticals, thereby enabling prospects throughout the customer life cycle.

In the first phase, charging stations will be set up across nine cities starting with Delhi and Bengaluru.

The network will be then expanded across the country with the aim to establish a high density of charging stations.

"The partnership with BPCL, which is already at the forefront of customer energy solutions, will be beneficial for both the EV segment and customers. This collaboration will also unlock opportunities for asset allocation and expansion in the future," Hero MotoCorp Chairman and CEO Pawan Munjal said in a statement.

In addition to developing world-class and tech-driven sustainable emerging mobility solutions, the company is also making significant efforts towards building a robust EV ecosystem and offering the most advanced services to customers, he added.

BPCL Chairman and Managing Director Arun Kumar Singh said India's personal mobility is primarily driven by two-wheelers who form the largest part of the valued customer base.

"Our alliance with Hero MotoCorp, global leader in the two-wheeler industry and with a fine penchant for innovation, is therefore a strategic step towards ushering in an era of best-in-class EV charging solutions for our customers in our energy stations and an exciting future of innovative solutions in the EV sector," he stated.

Hero MotoCorp said it will soon commence the infrastructure development in the two cities.

Each charging station will feature multiple charging points, including DC and AC chargers, and will be available for use to all two-wheeled EVs, it added.

The entire user charging experience will be controlled by a Hero MotoCorp Mobile-App and will be a cashless transaction model, the company stated.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Hero MotoCorpBPCLElectric VehiclesElectric vehicles in IndiaBharat Petroleum CorporationPawan MunjalElectric mobility

First Published: Feb 22 2022 | 6:07 PM IST

Next Story