Terra Charge, a leading EV Charging Infrastructure company, has joined forces with SNM Cabs, an all-electric mobile-based ride-hailing service provider, to establish a dedicated EV charging hub near Pune airport. The collaboration aims to boost the adoption of electric vehicles (EVs) and enhance the charging infrastructure in Pune and beyond.
The strategically located charging station will feature 11 efficient chargers exclusively for SNM’s electric cab fleet. This infrastructural development ensures uninterrupted operations for SNM’s electric vehicles, reducing downtime and improving overall operational efficiency. In addition, the two companies plan to add four more EV charging hubs in prime locations by March 2024.
Terra Charge recently entered the EV charging infrastructure business in India and has set ambitious targets. The company plans to install 800 to 1,000 charge points by March 2024, with a target annual revenue of USD 668,000. The collaboration with SNM Cabs aligns with Terra Charge’s goal to expand its presence and establish a strong foothold in the Indian EV market.
Akihiro Ueda, CEO of Terra Motors Charging Solution Private Limited, expressed optimism about the partnership, stating, “We are positive about our collaboration with SNM Cabs and look forward to developing an exclusive charging station with advanced infrastructure to cater to their growing needs. Our partnership represents a synergy between two progressive entities committed to promoting the adoption of EVs in India. By developing a charging hub near Pune airport, we will not only support SNM Cabs’ EV fleet but also lay down crucial infrastructure for future growth.”
Sarthak Bansal, Co-founder of SNM Cabs Private Limited, emphasized the significance of the partnership, stating, “Our collaboration with Terra Charge is a significant step toward our commitment to sustainable transportation and making EVs accessible. We extend our gratitude to Terra Charge for enabling us to enhance the efficiency of our EV fleet through the dedicated charging hub, which will significantly contribute to the development of the EV ecosystem in Pune.”
