In Series A funding, Statiq has raised approximately 200 crores. 

Statiq has associated with the famous E-Scooter manufacturer Ather and as well as with Hero Electric to improve the network of charging stations in North Indian states. 

Statiq which is an electric vehicle charging service provider has received an order from Rajasthan Electronics & Instruments Ltd (REIL) will supply 253 electric vehicle quick chargers for four major road projects. The highway projects include Agra-Lucknow, Chennai-Bellary, Meerut-Gangotri, and Mangaldai-Warko. 

Statiq provides several EV charging operators in Jaisalmer, Udaipur, Jodhpur, and Jaipur. After the order has been passed, Statiq will improvise to provide a reasonable, reliable, and accessible charging station network for four-wheelers. 

The company mentioned in a statement that Statiq promises to ensure the overall quality and upkeep of the equipment for the next three years. REIL’s requirements are 210 fast chargers of more than 50kW charging capacity and another 43 charging points of more than 100kW for four-wheel automobiles.

“Statiq is keen on participating in all initiatives for electrifying India and upgrading its motor choices. The electric vehicle supply equipment (EVSE) space is going to be playing a critical role in helping the nation make a smooth transition from conventional ICE vehicles to eco-friendly EVs. The transition will become a reality only when there is a strong network of charge points. And, at Statiq, we are keeping an eye on any such project that we can be part of, such as winning this vital tender at REIL, to further this cause,” said Aman Rehman, head, of Government Relations, and Corporate Affairs, Statiq.

“REIL has been very active on the e-mobility front in India and it is an honor to win a tender with such a forward-thinking PSU. We are looking forward to helping countless 4-wheelers stay charged while traveling across these high-speed corridors,” he added.