I-Elektrik: Devising Turnkey Charging Solutions To Drive Electric Vehicle Industry

I-Elektrik: Devising Turnkey Charging Solutions To Drive Electric Vehicle Industry

CIO Vendor India's electric car sector is on the verge of witnessing exponential growth. Unlike in other areas of the globe, India's adoption of electric vehicles is mostly driven by the economic benefits of having an electric car over its combustion engine equivalents. This is due to rising gasoline prices, growing environmental consciousness, government subsidies, new creative goods, and the government-backed FAME plan. According to NITI Aayog, in order for India to meet its ambitious 30 percent EV target by 2030, the commercial vehicle sector needs 70 percent penetration, 30 percent for private vehicles, 40 percent for buses, and 80 percent for two and three wheelers. To reach these targets, the country would require a comprehensive charging infrastructure that spans geographies.

Companies like i-Elektrik often come into play to bridge the supply-demand gap. With so many charging options on the market, the industry wants internationally standardised, OCPP-compliant devices that are meant to be user-friendly and dependable. Also, as legacy companies, particularly in the fossil fuel retail space, PSUs, Power Discoms, Government Institutions, and Real Estate Players are actively looking to upgrade their assets into public charging stations. i-Elektrik's advanced offerings such as dynamic load management, vehicle- 2-grid, and load sharing will prove to be critical factors in establishing long-term infrastructure.

A One-Stop-Shop
i-Elektrik has a presence in every electric vehicle hotspot in the country and has positioned itself as an excellent turnkey solutions provider for firms looking to make a name for themselves in the electric vehicle sector with a shorter time-to-market. Bharat AC Charger, a unique Hybrid AC Charger, Type ll AC Premium Charger, Home Charger, DC Fast Charger, OCPP Charge Controllers for OEMs, end-user mobile app, and a Charging Management Software for Charge Point Operators are among the company's offerings, which it provides free of charge
under a revenue-sharing model. The company's product line is OCPP-compliant, and clients may select from a variety of customisation choices. i-Elektrik began operations only a year ago and has grown by leaps and bounds in both numbers and scope. With an active presence in Ahmedabad, Vadodara, and Hyderabad, as well as a powerful distributor network stretched across ten states, it is prepared for the next wave of EV adoption, which is expected to emerge from tier 2, 3 cities, as well as rural regions, in the near future.

i-Elektrik has on boarded 15+ distributors spanning 15 cities, the most recent of which starts their presence in Tamilnadu and Kerala. Over the course of a year, the firm has established active agreements with 35+ MNCs, OEMs, CPOs, and startups, resulting in the installation of 250+ charging stations. The same 250+ charging stations are managed via its CMS. All of its charging stations are OCPP 1.6v compatible and may be upgraded to 2.0v based on the client's needs.


Our experienced team of 100+ engineer’s network spread across India offers reliable installation, service, and maintenance support across the nation


A Self Sufficient Organization
Since its year of inception in 2020, the company has so far been completely bootstrapped, cash flow positive, and has zero fund reliance on external sources. All its products are in house manufactured, customized, and have been conferred with numerous awards and accolades. Last year, i-Elektrik was awarded ‘The Best EV Infrastructure Provider of 2021’ by the Green Society of India at India Expo Center, Greater Noida.

“i-Elektrik looks to be on schedule to deploy more than 10,000 Charging Stations and host at least 1,00,000 charging points on its CMS by 2025, further solidifying its position as a CPO. The i-Elektrik team is driven by a desire to position the firm as a significant contributor in assisting India in becoming a global EV powerhouse by allowing it to achieve a state of near-ubiquitous EV adoption across various use cases,” concludes Ankit Singh, Co-Founder & CEO at i-Elektrik.