Magenta ChargeGrid & Ather Energy has signed a Memorandum of Understanding (MOU) to install Ather Grid fast chargers for electric vehicles across locations in India. These charging stations will be managed by Magenta under the ChargeGrid platform.
Under this partnership, 2W, 3W, and 4W integrated charging will be provided at a single location. These locations will be placed at the convenience of EV owners and will have desired electricity load availability for operations of the chargers.
Both the companies are aiming to access the premium locations across Tier I, Tier II & Tier III cities and highways in India.
Magenta says they are expanding their ChargeGrid charging network to 35-40 cities in India with an aim to set up a network of around 11000 chargers by the end of FY23.
As of now, Ather has installed more than 330 fast-charging Ather Grid points across 35 cities in the country. One can charge up to 80 percent at 1.5 km per minute at the Ather’s fast charging Grid.