EV charging outlets up
Mumbai-based start-up Magenta Power is setting up charging stations for electric vehicles across the Mumbai-Pune expressway and plans to set up a similar chain across the Pune-Bangalore and Bangalore-Mysore highways by March.
Magenta Power works on providing clean energy solutions and has three business verticals – clean energy generation through roof-top solar solutions, developing EV charging solutions and energy informatics. Magenta is yet to secure funding — a bootstrap company — and has tied up with HPCL.
Magenta Power managing director Maxson Lewis told The Telegraph over phone, “There is a range anxiety among EV owners today. The maximum range that EVs offer today is 120 km. So we have built a number of charging stations on the Mumbai-Pune Expressway,
