The Company has decided to set-up the Electric Vehicle (EV) Charging Infrastructure facility through Nextgen Vakrangee Kendra Outlets.
Vakrangee has 3,504 Nextgen Vakrangee Kendra’s spread across 19 states, 366 districts and 2,186 postal codes. More than 68% outlets are from Tier 5 and tier 6 cities. Their planned target is to reach at least 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25.
Vakrangee plans to leverage this deep presence by being an enabler for the EV charging facility through its network of Retail outlets called as Vakrangee kendras. They continue to focus on expanding the bouquet of services available at their exclusive Nextgen Vakrangee Kendras.
For all operators who want to setup Electric Vehicle services in India, it will make sense for them to leverage Vakrangee’s charging infrastructure rather than building one of their own. Vakrangee is also building a large charging footprint on a Pan India basis through their network of Nextgen Vakrangee Kendra Outlets.