Indian Oil to set up 10,000 EV charging stations

With concerns to climate change and country’s plans to have be carbon-negative by 2070, many companies including the fuel retailer, Indian Oil has announced its plans to go all electric.The country’s largest automobile fuel retailer Indian Oil Corporation has announced its plans to set up 10,000 charging stations in three years. Setting up of EV charging stations and production of green hydrogen will both be part of the company’s net carbon zero strategy that is expected to be unveiled soon. Bharat Petroleum and Hindustan Petroleum have also announced their plans of establishing 7000 and 5000 EV charging stations respectively. IndianOil has announced partnerships with EV manufacturing companies like Tata, Hyundai, Ola, Mahindra, etc. to facilitate charging for all cars. Hyundai, Mahindra, Tata and MG already have launched electric cars for the Indian market, out of which Tata Nexon EV is the current most selling electric car in India. OLA’s subsidiary company. Ola Electric has announced EV plans and its first product, an electric scooter, is already in the pre-booking phase.