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From Early-Mover To Market Leader: How This EV Charging Venture Is Reducing Air Pollution In India With Green Mobility Solutions
- GLIDA, formerly known as Fortum Charge & Drive India, was established in 2017 to introduce EV charging infrastructure in India, led by Awadhesh Kumar Jha.
- The venture faced regulatory challenges initially, as selling electricity required a license in India, but it was clarified as an 'energy transformation service' by the government in 2018.
- GLIDA offered free charging services initially to encourage user adoption and saw substantial success, serving over 80 customers in its first year alone.
- With over 950 charging points in 38 cities and 17 states, GLIDA has become a prominent Charge Point Operator in India, focusing on four-wheelers and commercial EVs.
- GLIDA's rapid growth includes a 133% CAGR over six years, emphasizing customer-centricity, sustainability, and a user-friendly payment system.
- The company aims to expand modular charging hubs, transition to 100% green energy, and enhance charging technology to meet the increasing demand for EV charging stations.
- GLIDA's success story from combating air pollution to becoming an industry leader showcases the potential for clean mobility in India, aligning with the country's electric vehicle transition.
- As the EV charging market in India is projected to grow significantly, GLIDA is strategically positioned to capitalize on this growth by focusing on innovation and sustainability.
- With a commitment to green energy and technological advancements, GLIDA is set to contribute significantly to the evolution of electric mobility in India.
- By addressing challenges like power availability along highways and transitioning to renewable energy sources, GLIDA is spearheading the shift towards environmentally sustainable transportation.
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