GLIDA Lounge

09-May-23
Back

Fortum Charge & Drive India Shines Spotlight on India’s eMobility Journey at the Nordic EV Summit 2023, Oslo, Norway

Have you ever wanted to achieve something so religiously that a little part within you keeps working tirelessly to enabling it? What if that desire, like a magnetic force, possesses such strength that it compels you to stride forward, one resolute step after another.
This tale entails the story of same passion to guide and lead the nation towards the sustainable mode of transportation to contribute to achieving the objectives of the COP21 and mitigating the worst consequences of climatechange.

Flashback

Awadhesh addressed a globalaudience at the Africa Energy Forum 2022 in Belgium last year to share India’s eMobility story and the role Glida India is playing in advancing it. He implanted a seed of curiosity in the minds of global EV Industry’s key decisionmakers who were fascinated by his narrative and kept a strong eye on the progress of India’s EVolution.

The present

Awadhesh was back on a global stage last week at Nordic EV Summit 2023, Oslo to an auditorium full of inquisitive globalleaders who were eager to hear him once again for the sequel.

He kept the story of India’s glory in front of the world including decisionmakers from policy, industry, utilities, research, and leaders from organizations like finance institutions, commercial banks, power developers, technology providers, EPCs and professional services.

His presentation captivated the audience offering them a complete understanding and unique insight into how India is changing and why the coming decade is India’s time to rise and shine.

He also apprised them how at Glida India, in partnership with Finnfund, we are working strategically to build a profitable and responsible business for holistic EV ecosystem growth. He shared that our company’s growth has paralleled the expansion of the Indian market for electricvehicles.

Highlights from Glida India’s Presentation:

India is the fastest growing economy in the world.

Some facts that reinforce this:

1. 5th largest economy
2. Close to 1 billion internet users
3. More than 90 billion digitalpayment transactions (9 months of FY22–23)
4. Average age of 29: benefiting from demographic dividend till 2070
5. 21% of global workforce by 2047 → boosts globaleconomy
6. 4th largest in renewableenergy
7. Building 50 km of highway daily

Here are few other data points from Indian EV industry:

fortum-charge1
Growing EV Market in India with estimated EV penetration in Indian Passenger Vehicle Market

To show full picture of Indian EV industry, following Policy initiatives deserve special mention:

fortum-charge2
Policy Initiatives of India towards promotion of electric mobility

India’s present charginginfrastructure:

fortum-charge3
Current EV Charging Infrastructure Status in India

Glida India’s contribution in writing India’s EV story:

It has been an EVolving journey for us at Glida India. Having been the first movers, we had invaluable advantages — unbiased consumerinsights, freedom to experiment, strong humanconnections, deep roots in the EV community.

Today, Glida India provides a robust public EVcharging network in 18 cities across 500 charging points with reliable realestate partners.

Our chargingstations are located at Malls, Highways, AutoDealerships, FuelPumps, Retail, Airports, and marketplaces.

To provide exceptional service and develop innovativeproducts to support EV mass adoption through wordofmouth of earlyadopters, we consistently listen to user feedback.

Paving the Way

Awadhesh’s presentation was well-received by the globalaudience for combining historic data with projections to 2030.

He highlighted key trends related to EV deployment, charginginfrastructure, energy use, interoperability, and future technology needs for wider EV adoption.

fortum-charge4
Our purpose is to power a world where people, businesses and nature thrive together.