New Delhi, April 30 -- In a major boost for India's electric mobility ambitions, CHARGE ZONE, a pioneering EV charging network company, has secured a commitment of USD 19 million from British International Investment (BII), the United Kingdom's development finance institution and impact investor.

This substantial financial commitment from BII will accelerate CHARGE ZONE's expansion plans, with the company aiming to roll out over 1,500 high-speed charging stations for electric cars, buses, and trucks across India in the next 18 months alone.

The ultimate goal is to establish a formidable network of over 10,000 charging points by 2027, aligning with CHARGE ZONE's vision of deploying one million charging stations nationwide by 2030.

"Our ...