an autotech startup plans to invest USD 8 million over a year to augment EV
infrastructure in the country. It will kick-off the initiative by setting-up Grid,
a phygital store (Physical store augmented by digital capabilities) in 200
prime locations across top 10 cities in India.
will have in-house quick service kiosk, battery swap facilities, EV charging
infrastructure for both 2 and 4 wheelers. It will also act as a customer
experience centre for brands.
setting-up its special EV initiative - Grid, ReadyAssist is trying to bring clean
tech closer to customers, thus joining the global vision of bringing down the
carbon emissions to zero. The company already has thousands of mechanics
upskilled on EV capabilities to service its road-side assistance (RSA) and AMC
customers across India.
new service aims to extend roadside emergency assistance to the EV segment
along with strengthening EV charging/swapping infrastructure. This will be
achieved on the back of robust business process, deep tech and optimisation of
Singh, the founder and CEO of ReadyAssist, said “India is today a home to more
than 1 million EV vehicles. We are in the early stage of adoption and
transition from fuel vehicles. Today, the biggest consumer barrier when it
comes to opting for an EV is range anxiety and vehicle performance. OEMs are
already very committed towards building better EVs everyday by heavily
investing on the R&D front. We, at ReadyAssist, believe it is also our duty
to add value to the customers and the ecosystem by investing and innovating on
the EV service offerings and its infrastructure.”
is home to around 1M EV vehicles and is projected to grow at a CAGR of 36% by
to CEEW-CEF, the EV market in India is expected to be a USD 206 Billion
opportunity by 2030, and would require a cumulative investment of over USD 180
Billion in vehicle production and setting up the charge infrastructures.
in 2019, ReadyAssist has successfully attended 1,000,000+ incidents from its
inception growing from 20 mechanics to 5000+ mechanics today covering 700+
districts and 19000+ Pin codes in the country. They also provide pan India
roadside assistance to electric vehicles across 5000 locations in India. With
this initiative, ReadyAssist plans to become India’s first RSA provider to
enable an umbrella of services under one platform for the electric vehicle
owners in India.
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