Hero MotoCorp partners with BPCL to set EV charging infra across India

23 Feb 2022 , 11:52 AM

In a development that is set to electrify India, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, have collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country.

Aligned with its Vision to “Be the Future of Mobility” and with its aim to drive the growth of EVs, Hero MotoCorp has become the first automotive OEM to tie up with the leading Public Sector Undertaking (PSU) to set up charging infrastructure across the length and breadth of India.

Bharat Petroleum, accelerating its focus on new business segments for sustainable growth, announced in September 2021 that it is converting 7,000 conventional Retail Outlets into Energy Stations providing multiple fueling options, which will include EV charging facility also, in the medium to long term.

The two mega entities will first establish a substantial charging infrastructure at the existing nationwide energy station network and subsequently 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.

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

The massive Bharat Petroleum energy station network will also provide accelerated opportunities to expand the scope of operations and services. The companies may utilize the gateways created to make additional investments into building a robust EV ecosystem.

At around 11:53 AM, Hero MotoCorp was trading at Rs2,718 apiece down by 0.53% while BPCL was higher at Rs359.55 per piece by 1.18% on the BSE.