Ionage Unveils Ambitious 2024 Expansion in EV Charging

India had recorded over 1Mn EVs as of March 2021, and as per industry reports, this number is expected to touch 50 Mn by 2030. As per Moody’s Investors Service, while India has the fourth-largest car market globally

SMEStreet Edit Desk
New Update
Mr. Vimal Kumar V, CEO of IONAGE

Mr. Vimal Kumar V, CEO of IONAGE

Listen to this article
0.75x 1x 1.5x
00:00 / 00:00

IONAGE, a Bangalore-based leading eMobility service provider, is proud to announce its ambitious expansion plans for 2024, as it continues to revolutionize the electric vehicle (EV) charging landscape in India. Established in 2021, Ionage has quickly emerged as a dynamic force, empowering businesses, and EV owners alike with innovative solutions.

India had recorded over 1Mn EVs as of March 2021, and as per industry reports, this number is expected to touch 50 Mn by 2030. As per Moody’s Investors Service, while India has the fourth-largest car market globally, its electric vehicle (EV) penetration currently remains at just 1 per cent. In spite of positive government initiatives and policy support directed to achieve the GoI’s target of 30 per cent EV penetration by 2030, the key challenge remains in setting up a reliable, accessible and affordable EV charging infrastructure, which is the cornerstone of success for the EV Sector in India. Ionage aims to work toward solving this challenge!

EV Charging Infrastructure

Ionage’s roaming platform offers comprehensive solutions for EV owners, facilitating seamless charging experiences across diverse networks and touchpoints including communities, offices, electric vehicles, and highways. With a current listing of 3000 charge points nationwide, Ionage is poised to expand by adding another 3000 charge points in the near future.

Speaking about the future and the ambitious growth plan, Mr. Vimal Kumar V, CEO of IONAGE said, “Our mission is to democratize the EV charging ecosystem and accelerate the adoption of electric vehicles throughout India. Our products are strategically designed to connect and integrate the currently disintegrated EV charging infrastructure, paving the way for a seamless and accessible network. We are dedicated to addressing and reducing the existing frictions in the EV charging market, with the ultimate goal of eliminating barriers and enhancing the overall EV ownership experience, playing our part in shaping the future of electric mobility in India.”

Established in September 2021, IONAGE has been at the forefront of developing innovative eMobility solutions tailored to meet the diverse needs of businesses and end-users alike. Their products aim to enhance the ownership experience for both charger network operators and EV users. Recently, the startup introduced India’s first digital solar-based EV charging platform, enabling EV charging using solar credits anytime, anywhere.

Currently, the company is ambitiously working towards integrating a network of over 100,000 EV chargers onto its roaming platform. This initiative aims to empower over 10,000 Small and Medium-sized Businesses (SMBs) to enter the EV charging sector by the year 2028. Earlier this year, IONAGE announced a strategic partnership with SundayGrid to unveil India’s first of its kind innovation to leverage Solar energy for charging EV’s. In the next few months, IONAGE is poised to unveil several strategic collaborations, underscoring its dedication to providing a comprehensive and accessible infrastructure for electric vehicle users. Furthermore, the company plans to facilitate the installation of EV charging facilities in over 50,000 apartments, in collaboration with key partners, including MG Motors, further propelling the widespread adoption of electric vehicles.

With a strong network of partners, including fortune 500 Oil marketing company, leading EV manufacturers, popular community management platforms and brands like MG Motors India, 82Volt, Goego Network, Mobilane, Verdemobility, among others, IONAGE continues to focus on integrating the EV sector though strategic collaborations. The platform has successfully onboarded over 70,000 users, with approximately 15,000 Monthly Active Users (MAUs), showcasing its popularity and utility.

EV Charging