Lithium Urban Tech expands operations to Kolkata, ties up with HIDCO

The e-mobility solutions start-up aims to roll out 1,000 EV corporate transportation fleet in Kolkata and create 3,000 jobs in the city.

By Mayank Dhingra calendar 16 Sep 2020 Views icon15535 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Bangalore-based e-mobility solutions start-up Lithium Urban Technologies has now expanded its operations to Kolkata. The company, along with charging infrastructure provider Fourth Partner Energy, has partnered HIDCO to set up a new EV charging station christened ‘Powerbunk’ at New Town, Kolkata. 

The new station is being claimed to be the largest EV charging hub in the country so far. Lithium plans to introduce 1,000 EVs in Kolkata in two- to- three years’ and targets to replace diesel-run vehicles in corporate transportation fleet to offset nearly 10,000MT of carbon emissions in the city every year. 

Rs 150 crore investment in the pipeline
The e-mobility start-up has committed investments of up to Rs 150 crore in introducing the EV fleet for corporate transportation in the city along with setting up the associated charging infrastructure.  The company also aims to create around 3,000 direct and indirect jobs and will also explore research partnerships with the academia, as well as knowledge partnerships with the government and industry to further enable adoption of e-mobility in the country.

According to Ashwin Mahesh, co-founder and CEO, Lithium Urban Technologies, “Our initial conversations with potential clients have been very encouraging, and the cluster of companies around New Town have shown great interest. This city is home to many historic companies, and we will create a great future too with them. We are extremely thankful to HIDCO for being a champion of this step, and we look forward to championing sustainable mobility together in West Bengal.” 

“Fourth Partner Energy is delighted to enable EV adoption in Kolkata by establishing public charging infrastructure under the umbrella of Shuchi. In partnership with Lithium, we are committed to operate public charging infra in other major cities in India and source power from renewables wherever allowed as per regulations,” said Vivek Subramanian, co-founder and executive director, Fourth Partner Energy.

After establishing a significant clientele and successful operations in Bangalore, Hyderabad, Delhi-NCR, Jaipur, Mumbai, Pune and now Kolkata, Lithium Urban Technologies now sees its latest expansion becoming its gateway into the North-East from where it plans to venture into the cities of Guwahati, Bhubaneshwar and Jamshedpur.

Read More
Mahindra EVs in Lithium Urban’s fleet clock over 100 million kilometres

Continental eyes India's two-wheeler industry to supply ARAS safety tech

auther Autocar Pro News Desk calendar13 Jul 2024

The German Tier-1 major is in talks with two of the biggest two-wheeler OEMs in India and is targeting both ICE and EV m...

Mahanagar Gas increases CNG price to Rs 75 per kg in first increase of 2024

auther Autocar Pro News Desk calendar09 Jul 2024

Natural gas distribution company cites sourcing of additional market-priced natural gas (imported LNG) to meet growing d...

Mahindra Last Mile Mobility and Ecofy partner to finance 10,000 electric three-wheelers

auther Autocar Pro News Desk calendar08 Jul 2024

The collaboration aims to provide impetus to the growing EV 3W demand by combining Mahindra's expertise in electric vehi...