In an important step to improve electric vehicle (EV) charging stations in India. German EV compatibility expert Hubject has created a strategic collaboration with Exicom, the nation’s top producer of EV chargers. In a major step to support India’s EV infrastructure. The purpose of this partnership is to use Hubject’s modern and advance technology to simplify and enhance EV drivers.
Addressing the EV Charging Challenge in India
In India most vehicles being two- and three-wheelers that can be easily charged using regular power outlets. However, the lack of specific charging facilities has made it difficult for people to accept larger automobiles and electric cars. This is about to change dramatically because to Hubject’s “intercharge” technology, which offers a smooth, user-friendly way to find and use charging stations.
Enhancing Convenience with Hubject’s Technology
Hubject’s automated EV-to-charging station authentication technology makes users’ lives easier by removing the need for apps or RFID cards. With the help of this technology, EV drivers can locate and utilize charging stations with ease, saving time and bother by removing the need for different memberships or payment methods.
Market Impact and Growth Prospects
Exicom Tele Systems shares have already increased by 9.7% on the National Stock Exchange of India (NSE) following the announcement of this partnership.Christian Hahn, the CEO of Hubject, emphasized the rapidly expanding electric vehicle (EV) sector in India, pointing out that sales almost doubled in the previous year and are expected to rise by 66% this year. He underlined that by improving the charging infrastructure, the strategic cooperation with Exicom seeks to facilitate this expansion.
A Smoother Experience for Indian EV Drivers
The central connection hub created by this collaboration, according to Exicom CEO Anant Nahata, would simplify payment settlements and lessen the need for numerous wallets, making EV users’ experiences easier across the country. Similar to how mobile phone users wander between networks, this compatibility enables vehicles to easily roam between multiple charging point operators (CPOs).
Future Benefits of Hubject’s Plug&Charge Technology
In addition to offering instant convenience, Hubject’s Plug&Charge technology holds promise for future advantages as vehicle-to-grid (V2G) technology gains traction. This technology makes safe authentication of vehicles and charging stations possible, making charging simple and dependable. Additionally, V2G capabilities improve overall energy efficiency by enabling drivers to charge their vehicles during the lowest grid load times and allowing electric vehicle batteries to stabilize the grid.
Global Expansion and Regional Adaptation
Additionally, Hubject has taken the initiative to modify its solutions according to local needs. The company launched a new V2G Public Key Infrastructure (PKI) for the Asian market last year, covering important EV markets like China and India and spanning a wide area from Turkey to Japan. This geographical adaptation ensures that Hubject’s solutions are customized to fit the unique requirements of different markets.
Conclusion
The partnership between Exicom and Hubject represents a critical turning point in the development of EV infrastructure in India. The alliance seeks to give EV drivers a more convenient, dependable, and effective charging experience by utilizing Hubject’s latest technology.
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