Charge Zone raises $19M to expand high-speed charging network for EVs in India
04/30/24, 8:43 AM
Location
Money raised
$19 million
Industry
motor vehicle manufacturing
Investors
British International Investment
EV startup Charge Zone raised $19 million from a UK development finance institution and impact investor, British International Investment. The funding will be used to expand its high-speed charging network for electric cars, buses, and trucks across main cities in India and highways.
Company Info
Location
vadodara, gujarat, india
Additional Info
CHARGE ZONE is a tech-driven EV Charging infrastructure company specializing in B2B and B2C charging services on both dedicated and opportunity based charging using smart-grid network.
Based in India, with indigenous development of the technology of mobile-app and CMS with firmware/web-socket cloud based computing, CHARGE+ZONE is on a mission to establish 100,000 charging stations across important markets of EVs in India for cars, buses and even trucks.