Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands

Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands

SUMMARY

The extension of the company’s charging infrastructure is part of its strategy to accelerate adoption of EVs in the country

The German automaker has 140 charging points in India, of which 40 are in the ‘fast’ 180 kilowatts and the 60 kilowatt range

The offering pits Mercedes-Benz India directly against homegrown players such as Bolt, Ather, Tata Power-DDL, ChargePoint, among others

With an eye on leveraging its infrastructure, automaker Mercedes-Benz India (MBI) has reportedly said that its electric vehicle (EV) charging network will be available for car owners of other brands. 

As per news agency PTI, the extension of charging infrastructure to other brands is part of the company’s strategy to accelerate adoption of EVs in the country. 

“Mercedes-Benz is also supporting the EV transition in India by democratising the ultra-fast charging network. All EV customers in India across brands, can now enjoy the luxurious Mercedes-Benz experience while using the company’s charging network,” said MBI managing director and chief executive officer (CEO) Santosh Iyer.

As per the report, the German automaker boasts of the largest charging network among all the luxury car makers in the country with 140 charging points. Of the 140 charging points, 40 are in the ‘fast’ 180 kilowatts and the 60 kilowatt range, noted the company. 

The automaker also announced that it has partnered with Bengaluru-based Mercedes-Benz Research and Development India (MBRDI) to launch an app that will enable Indian EV customers to access an additional 150 superchargers. 

“The app can be downloaded by any customer – of Mercedes or non-Mercedes – and it gives access to a fast charging network across India and can help in day-to-day commute or their interested commute,” added Iyer.

The company made the announcement during the launch of its top-of-the-line EQE 500 4MATIC electric SUV at an introductory price of INR 1.39 Cr and a new ‘Customer Experience Centre’ in Pune.

With this, MBI could be looking at creating an aspirational value proposition within the market and leveraging its network to create an alternate revenue stream. This pits MBI directly against homegrown players such as Bolt, Ather, Tata Power-DDL, ChargePoint, among others.

This comes at a time when both domestic and foreign players have been looking to scale their investments in the EV space in the country. Leveraging the Centre’s production-linked incentive (PLI) schemes, these companies have pledged investments in excess of INR 1 Lakh Cr over the course of next five years towards the country. 

Alongside, EV sales in India continue to grow substantially. With around 3 Mn registered EVs currently, India could be looking at being home to 10 Mn EVs by 2030. This presents a major market opportunity for both domestic and foreign companies. 

Innovating, alongside, have been more than 700 homegrown EV startups that have showcased the ecosystem’s resilience and have led the adoption of EVs in the country. As per a report, India’s EV industry is projected to become a $266 Bn market by 2030.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands-Inc42 Media
Mercedes-Benz India To Extend Its EV Charging Infra To Car Owners Of Other Brands-Inc42 Media
You’re in Good company