Upcoming EV Charging Startups in India: Powering the Future of Electric Mobility

Introduction

India’s electric vehicle (EV) market is entering a transformative phase. As the country accelerates its transition to clean mobility, one major challenge remains — the availability of reliable and accessible EV charging infrastructure. While established players are expanding their presence, it’s the upcoming EV charging startups in India that are bringing innovation, affordability, and scalability to the forefront.

From smart charging solutions and mobile apps to solar-powered chargers and fleet-based charging models, these startups are building the foundation for a greener tomorrow. In this article, we’ll explore India’s upcoming EV charging startups, their core technologies, business models, and their potential to power the nation’s electric future.

The Growing Demand for EV Charging Infrastructure

The Indian EV market has witnessed exponential growth, driven by government incentives, high fuel prices, and rising environmental awareness. According to government data, the number of registered electric vehicles in India surpassed 3 million units by 2024, and this number is projected to reach 10 million by 2030.

However, the ratio of public EV charging stations to vehicles remains low — about one charger for every 135 EVs, compared to one for every 20 EVs in China. This gap highlights the enormous potential for startups to step in and innovate.

Key Drivers of EV Charging Startups

Driver Explanation
Government Policies FAME II and other state EV policies provide financial support for EV infrastructure.
Corporate Investments Automobile manufacturers and energy firms are partnering with startups to set up charging points.
Urban Mobility Demand Metro cities are seeing rising EV adoption for delivery, ride-hailing, and personal use.
Technology Innovation Startups are creating AI-based, app-controlled, and solar-integrated charging solutions.

Each of these factors supports the ecosystem for upcoming EV charging startups in India, making it a high-growth sector for investors and entrepreneurs alike.

Why Startups Are Crucial for India’s EV Future

While major companies like Tata Power and Indian Oil are expanding their EV charging networks, startups bring agility and fresh ideas. They focus on affordable, modular, and decentralized solutions suited for Indian roads, smaller cities, and diverse vehicle types such as two-wheelers, e-rickshaws, and small fleets.

Startups also bridge the gap between technology and accessibility by offering mobile-based booking, payment integration, and real-time tracking. They play a key role in democratizing EV adoption for individuals and businesses alike.

Top Upcoming EV Charging Startups in India

Here’s a detailed look at some of the most promising and upcoming EV charging startups in India that are making headlines in 2025.

Bolt.Earth

Overview:
Bolt.Earth, one of India’s fastest-growing EV charging networks, is setting up affordable and accessible charging points across multiple cities. The company focuses on smart IoT-enabled chargers compatible with all EV models.

Key Highlights:

  • Offers both public and home charging solutions.

  • Developed India’s largest network of smart charging points.

  • Partners with housing societies, restaurants, and parking facilities.

Why It Stands Out:
Bolt.Earth’s low-cost chargers and user-friendly mobile app make it ideal for small EV owners, fleet operators, and commercial properties.

Magenta ChargeGrid

Overview:
Magenta ChargeGrid has become synonymous with clean, green charging. The startup integrates solar energy with its charging infrastructure, providing sustainable and reliable solutions for both AC and DC charging.

Key Highlights:

  • Focus on renewable energy integration.

  • Multi-vehicle charging hubs for fleets and logistics companies.

  • Works closely with the Indian government’s EV mission.

Why It Stands Out:
Magenta’s solar-based charging hubs significantly reduce electricity costs and carbon footprint. Its “ChargeGrid” brand represents innovation in both hardware and software.

Statiq

Overview:
Statiq is a Gurugram-based startup building an open, interoperable EV charging network across India. Their app helps users locate nearby charging stations, book slots, and make online payments easily.

Key Highlights:

  • Partnerships with large OEMs and energy firms.

  • Provides public, private, and corporate charging solutions.

  • Real-time station tracking and digital payments.

Why It Stands Out:
Statiq bridges the gap between user convenience and infrastructure reliability. It has built partnerships with energy providers and municipalities to deploy smart chargers at strategic locations.

Exponent Energy

Overview:
Exponent Energy is revolutionizing India’s EV sector by introducing 15-minute rapid charging technology. Its patented battery pack and charging system allow EVs to charge up to 80% in under 15 minutes.

Key Highlights:

  • Focuses on commercial fleet vehicles.

  • Offers proprietary “E-pack” and “E-pump” technology.

  • Partners with logistics companies for deployment.

Why It Stands Out:
Exponent Energy’s ultra-fast charging capability could make EVs more practical for delivery fleets and taxi operators, where downtime equals lost revenue.

Charzer

Overview:
Charzer aims to make charging accessible everywhere by turning small businesses into EV charging stations. Using low-cost hardware and simple installation, anyone can host a Charzer unit.

Key Highlights:

  • Focused on urban and semi-urban areas.

  • Provides affordable micro-charging stations.

  • Perfect for restaurants, grocery shops, and co-working spaces.

Why It Stands Out:
Charzer’s democratized model empowers local entrepreneurs and helps expand charging availability in Tier-2 and Tier-3 cities.

EVRE

Overview:
EVRE develops sustainable charging infrastructure using renewable energy integration and AI-based demand analytics. Their smart platform predicts peak usage and optimizes energy consumption.

Key Highlights:

  • Specializes in large-scale fleet charging solutions.

  • Uses renewable energy to power stations.

  • AI-based load management reduces energy costs.

Why It Stands Out:
EVRE’s data-driven approach makes it a preferred partner for logistics, fleet operators, and government projects.

Hopcharge

Overview:
Hopcharge brings the charging station to the customer. It offers on-demand mobile EV charging, where users can request a charger to come to their location.

Key Highlights:

  • Offers door-to-door charging service.

  • Ideal for apartment dwellers without parking chargers.

  • Provides instant response and flexible scheduling.

Why It Stands Out:
Hopcharge’s innovative doorstep charging model helps EV owners avoid waiting at public stations, creating a unique convenience-based service niche.

Volttic

Overview:
Volttic provides turnkey EV charging infrastructure solutions for businesses, residential societies, and commercial properties. The company also offers operation and maintenance services.

Key Highlights:

  • Works with corporate clients to set up private stations.

  • Offers both slow and fast charging solutions.

  • Provides end-to-end project support, from installation to maintenance.

Why It Stands Out:
Volttic’s holistic B2B model makes it a strong partner for corporates planning long-term EV transition strategies.

Comparative Overview of Top Startups

Startup Name Founded Year Unique Offering Target Segment Technology Focus
Bolt.Earth 2017 Affordable charging for all EVs Retail & residential IoT smart chargers
Magenta ChargeGrid 2018 Solar-based EV hubs Fleets & logistics Renewable integration
Statiq 2019 Open access charging network Public users Interoperable platform
Exponent Energy 2020 Ultra-fast 15-minute charging Fleet operators Battery tech innovation
Charzer 2020 Micro-charging for small businesses Tier-2/3 cities Portable, low-cost chargers
EVRE 2019 Smart, AI-driven energy optimization B2B & government Data analytics
Hopcharge 2020 On-demand mobile charging Individual EV users App-based service
Volttic 2017 Corporate infrastructure setup Enterprises Turnkey charging systems

These startups represent diverse approaches — some focus on affordability and reach, others on speed and technology, and some on renewable energy integration.

How Startups Are Changing India’s Charging Landscape

Startups are transforming how India views EV charging. Their key contributions include:

  1. Reducing Range Anxiety: By building accessible chargers across smaller towns, startups make EV travel more convenient.

  2. Boosting Affordability: Local manufacturing and government subsidies help keep hardware costs low.

  3. Encouraging Green Energy: Many startups use renewable energy sources to power charging stations.

  4. Enhancing User Experience: App-based navigation, payment integration, and real-time updates improve customer trust.

Government Support and Policy Landscape

Government policies are instrumental in accelerating the charging ecosystem.

Policy Key Benefit for Startups
FAME II Scheme Subsidies for charging station installation.
National Electric Mobility Mission Plan Incentives for both EVs and infrastructure development.
State EV Policies Additional support in states like Delhi, Maharashtra, and Tamil Nadu.

By simplifying land acquisition and offering financial support, these policies help startups scale faster and attract private investment.

Challenges Faced by EV Charging Startups

While opportunities abound, startups still face several hurdles:

  • High Infrastructure Cost: Setting up fast chargers requires substantial investment.

  • Grid Load Management: Ensuring stable power supply remains a challenge in certain areas.

  • Consumer Awareness: Many users are unaware of where or how to charge their vehicles.

  • Standardization Issues: Different charging standards for two-wheelers, cars, and buses can cause compatibility issues.

Addressing these challenges through innovation and collaboration will be crucial for sustainable growth.

Read more:

Future Outlook of EV Charging Startups in India

By 2030, India’s EV charging network is projected to cross 1 million public chargers. Startups will play a critical role in achieving this target by focusing on:

  1. Smart Grid Integration: Synchronizing charging with renewable energy production.

  2. Battery Swapping Technology: Faster solutions for two-wheelers and delivery fleets.

  3. Rural and Semi-Urban Expansion: Creating affordable charging access in emerging markets.

  4. Partnerships with Auto Manufacturers: Joint ventures for exclusive charging networks.

Experts predict that the EV charging startup ecosystem in India will attract over USD 10 billion in investments by 2030.

Tips for Fleet Owners and Apartment Associations

If you’re planning to collaborate with an EV charging startup, here’s a quick checklist:

Evaluation Criteria What to Check
Compatibility Ensure chargers support all vehicle types and connectors.
Pricing Model Compare CapEx (purchase) vs Opex (subscription) options.
Uptime Guarantee Look for 98% or higher service uptime.
Software Integration Choose platforms with monitoring and payment apps.
Renewable Energy Option Prefer startups that integrate solar or battery backups.

These factors help ensure a reliable, cost-effective, and eco-friendly EV charging solution.

Expert Insights and Real-World Applications

Many startups are already partnering with major delivery and mobility companies to electrify fleets. For instance, Exponent Energy works with logistics providers for rapid charging, while Magenta ChargeGrid collaborates with government initiatives to deploy solar-powered hubs.

Such collaborations reflect how innovation meets real-world application, creating both economic and environmental benefits.

Conclusion

India’s EV revolution depends not just on vehicles but on the infrastructure that powers them. The upcoming EV charging startups in India are leading this charge — combining technology, sustainability, and accessibility to make electric mobility mainstream.

As government support strengthens and consumer adoption grows, these startups will play a pivotal role in ensuring every EV owner has a charger within reach. The road to a cleaner, greener India is being paved by innovation — and it’s the startups that are driving it forward.

Leave a Comment