electrovolt
Electrovolt is an India-based, pre-revenue EV charging network operator deploying DC fast chargers (60 kW+, CCS2) along national expressways, with plug-and-charge auto-billing, an in-house open-roaming mobile app, and a fixed-rent site partnership model for fuel station and resort owners.
- Company typePrivate
- Founded2022
- HeadquartersValsad, India
- Headcount1–10
- GTM typeB2C
- OfferingServices
What electrovolt does
Electrovolt (legally BFCEV Energy Solutions Private Limited) is an India-based company building a DC fast-charging network for electric vehicles along national expressway corridors. Founded in 2022 by two EV owners in Valsad, Gujarat, and incorporated in 2024 with Startup India DPIIT recognition, the company is currently in pre-launch phase: site surveys and exclusive-site negotiations are underway, the in-house mobile app is under development, and no charging stations are operational as of the source data date. The intended hardware specification is 60 kW+ DC fast charging using CCS2 and Type 2 connectors from global-tier OEMs, BIS-certified installations, OCPP-compliant hardware, dynamic load management, and round-the-clock monitoring. A signature feature is network-wide auto-charge (plug-and-charge) where the station recognises the vehicle on connector click and bills automatically without apps, cards, or QR codes.
The platform includes an in-house Android/iOS app with discovery, live availability, navigation, booking, multi-method payments (UPI, cards, wallet, RFID, subscription), and — distinctively — an open-roaming architecture allowing third-party chargers to join the same app. The business model is two-sided: per-kWh usage fees from EV drivers as the primary revenue stream, and a B2B site partnership programme where Electrovolt leases land from fuel station owners, resorts, and landowners, builds and operates the infrastructure at its own cost, and pays the site partner a guaranteed fixed monthly rent regardless of utilisation. Target customers are EV drivers experiencing range anxiety on expressway journeys and site owners seeking risk-free land monetisation. Long-term ambitions include hundreds of high-power stations across India serving cars today and buses and trucks as those fleets electrify.
electrovolt firmographics
Firmographics- Name
- electrovolt
- Legal name
- BFCEV Energy Solutions Private Limited
- Website
- https://electrovolt.in
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Electrovolt is an India-based, pre-revenue EV charging network operator deploying DC fast chargers (60 kW+, CCS2) along national expressways, with plug-and-charge auto-billing, an in-house open-roaming mobile app, and a fixed-rent site partnership model for fuel station and resort owners.
- Ownership category
- akta.pro rank
electrovolt industry classification
Industry- Product category
- EV Charging Services
- NAICS
- Electric Power Distribution (221122)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)
- akta.pro secondary industries
- EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF), EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE)
Keywords
Where electrovolt is headquartered
LocationHeadquarters
- HQ city
- Valsad
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
electrovolt business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Per-kWh charging fees from drivers: Drivers pay per kilowatt-hour (kWh) of energy received. The exact per-kWh rate is shown in the app before charging begins. Fair pricing per unit of energy consumed, similar to paying per litre of fuel. Typical stop takes 30-60 minutes.
- Site partnership fixed rent: Electrovolt leases land from site owners (fuel stations, resorts, landowners) and pays them a guaranteed fixed monthly rent regardless of charger utilisation. This shifts utilisation risk from the site owner to Electrovolt.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Per-kWh billing for EV drivers (rates shown in app before charging) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
electrovolt product offering
Product offeringCore offering
Electrovolt is building a DC fast-charging network for electric vehicles along India's national expressway corridors, deployed at sites chosen near tourism and industrial zones where journeys naturally pause. Stations deliver 60 kW and above via CCS2 and Type 2 connectors from global-tier OEMs, with BIS-certified, OCPP-compliant installations and round-the-clock monitoring from the day each unit switches on. The offering is wrapped by an in-house mobile app (Android and iOS) that handles discovery, live availability, navigation, booking, multi-method payments, and an auto-charge (plug-and-charge) feature that recognises a vehicle automatically when the connector clicks.
Product overview
Electrovolt offers a unified EV charging ecosystem built around four integrated pillars: (1) the Electrovolt EV Charging Network — DC fast-charging stations (60 kW+, CCS2 + Type 2) deployed on expressway corridors with BIS-certified installs and round-the-clock monitoring; (2) Auto-charge (plug-and-charge) — a network-wide automatic car-recognition and billing feature that eliminates apps, QR codes, or cards at the point of charge; (3) the Electrovolt Mobile App — an in-house-built Android and iOS application handling charger discovery, live availability, in-app navigation, booking, and multi-method payments (UPI, cards, wallet, RFID, subscription), also built open for other brands' chargers to join via open roaming; and (4) a Site Partnership Model — a fixed-rent landlord partnership programme for fuel stations, resorts, and landowners. All components are designed as an integrated stack: the stations and auto-charge hardware provide the charging infrastructure, the app provides the driver-facing interface and open roaming aggregation, and the site partnerships provide the real-estate footprint for station deployment.
Differentiator
Problem solved
Functional benefit
Products and services
- Electrovolt EV Charging Network
- Electrovolt Mobile App
- Site Partnership Model
Quantifiable outcome
- 30-60 minute typical charging stop for 20% to 80% charge (meal-length stop)
- +1 more outcomes
Companies that use electrovolt
Customer profileSegments2 records
Ideal customer profiles2 records
electrovolt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
electrovolt partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights5 records
electrovolt competitors and assessment
Company assessmentDirect peers
- Statiq: One of India's largest EV charging networks, operating a mix of AC and DC fast chargers across highways and cities with its own mobile app. Directly comparable on product (DCFC network), target market (Indian EV owners), and business model (B2C charging + B2B site partnerships).
- ChargeZone: An Indian EV charging network focused on expressway and highway DC fast charging, with an app for discovery and payments. Closely comparable on corridor strategy (highway DCFC), technology stack (OCPP-compliant), and target customer (expressway EV drivers).
- Ather Energy (Ather Grid): Indian EV scooter manufacturer that also operates Ather Grid, a public fast-charging network. Comparable as a charging-network operator with strong app and hardware integration, though with a two-wheeler primary customer base in addition to four-wheelers.
Broad incumbents
- Tata Power EZ Charge: Tata Power's EV charging network spans Indian highways and cities, leveraging Tata's utility-scale balance sheet, OEM ties (Tata Motors EVs), and existing infrastructure footprint. Comparable on product and customer, with substantially larger scale and capital.
- BPCL E-Drive: Bharat Petroleum's EV charging arm, leveraging its fuel-station network across India to deploy chargers at forecourts. Comparable on infrastructure placement and site-partnership logic, but with the balance sheet and real estate of a PSU oil major.
- Reliance Jio-BP: Reliance and bp's fuel-station JV in India, increasingly adding EV fast-charging at forecourts and highway sites. Comparable on site partnership model and expressway placement, with parent-company capital and an existing nationwide fuel-retail footprint.
- Shell Recharge: Shell's global EV charging network, including highway-corridor DC fast charging integrated with fuel-station forecourts. Comparable on expressway corridor strategy and forecourt site-partnership model, with global scale and energy-major balance sheet.
- HPCL (Hindustan Petroleum) EV Charging: HPCL's EV charging deployment at its fuel stations across India. Comparable on fuel-station-hosted highway charging and PSU-style nationwide rollout capacity, though primarily an extension of an existing fuel-retail footprint.
Emerging players
- Charzer: An early-stage Indian EV charging startup focused on affordable AC/DC charging solutions and a franchised-network model. Comparable as a small, founder-led Indian EV charging play with a B2B site-host angle, though currently smaller in scale.
Others
- PlugShare: The largest global EV charging aggregator app, integrating chargers from many networks. Comparable on the open-roaming / aggregator thesis Electrovolt is building toward, and a reference point for cross-network discovery and payment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
electrovolt social profiles
Digital presenceelectrovolt compliance and trust
Trust signalCompliance2 records
electrovolt financial estimates
Financial estimateRevenue estimate
Valuation estimate
electrovolt leadership team
Management profileNumber of profiles
electrovolt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
electrovolt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about electrovolt
What does electrovolt do?
Electrovolt is building a DC fast-charging network for electric vehicles along India's national expressway corridors, deployed at sites chosen near tourism and industrial zones where journeys naturally pause. Stations deliver 60 kW and above via CCS2 and Type 2 connectors from global-tier OEMs, with BIS-certified, OCPP-compliant installations and round-the-clock monitoring from the day each unit switches on. The offering is wrapped by an in-house mobile app (Android and iOS) that handles discovery, live availability, navigation, booking, multi-method payments, and an auto-charge (plug-and-charge) feature that recognises a vehicle automatically when the connector clicks.
Is electrovolt a public or private company?
electrovolt is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was electrovolt founded?
electrovolt was founded in 2022. It employs 1 to 10 people.
Where is electrovolt based?
electrovolt is headquartered in Valsad, India, in the Asia region.
How does electrovolt make money?
Two revenue lines are on record. Per-kWh charging fees from drivers are the primary driver. The others are site partnership fixed rent.
Who are electrovolt's main competitors?
Direct peers on record are Statiq, ChargeZone and Ather Energy (Ather Grid). Broad incumbents are Tata Power EZ Charge, BPCL E-Drive, Reliance Jio-BP, Shell Recharge and HPCL (Hindustan Petroleum) EV Charging. Charzer is listed as an emerging player. PlugShare is listed as an others.
Does electrovolt have an API?
No public API is recorded for electrovolt.
What industry is electrovolt in?
electrovolt's product category is EV Charging Services. Its primary akta.pro industry code is TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing), with a secondary code of TLAKAMAF, EV Charger Operations, Maintenance & Field Service (O&M). Its NAICS code is 221122 and its SIC code is 4911.