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In a nation that is changing at breakneck speed towards green mobility, ThunderPlus has been a pioneer in India's electric vehicle (EV) charging space. ThunderPlus is the fastest-growing EV charging company, transforming the space with its cutting-edge manufacturing capacity and technology innovation, emerging as the most coveted Charging Partner in the country.
Driving India’s EV Growth
India's EV industry is expanding at a record pace, to expand at a CAGR of 36% by 2026. The market for EV charging infrastructure, at its current value of $5.8 billion, is set to grow to an estimated $190 billion by 2030. In contrast to Western economies, where electric vehicles are bigger, India's EV industry is based on smaller, smarter vehicles, and efficient and cost-effective charging solutions are thus a must. ThunderPlus has stepped up to the plate, with a vision to become India's first vertically integrated charging company, essentially bridging the gap between manufacturing and charge point operations.
Innovative Business Model
ThunderPlus's success is based on a robust four-pillar business model that consists of:
- EPC EV Charging Solutions – Engineering, procurement, and construction services specifically tailored for EV charging infrastructure.
- Manufacturing – Leadership in a range of state-of-the-art AC and DC chargers, such as the Thunder Tej, India's fastest two- and three-wheeler charger, and Thunder Lite, a budget-friendly universal charger perfectly suited for two-, three-, and four-wheelers and home use.
- Public Charging Stations (CPO) – Building India's public EV charging network.
- Parking & Charging Solutions (CPO) – Building combined parking and charging facilities.
Furthering its commitment to accessibility, ThunderPlus has introduced a franchise model, allowing entrepreneurs to invest in EV charging stations starting from INR 6 lakh, with assured monthly revenue.
A Network of Power: Market Presence & Expansion
Since its inception, ThunderPlus has established a strong presence in India's EV market. The company has installed over 2,000+ charging points across 65 locations, catering to two-wheelers, three-wheelers, four-wheelers, and buses—making it the only company in India to offer multi-vehicle fast charging stations under one roof.
Among its high-profile clients, ThunderPlus has the likes of Olectra, Saera Keto, ETO Motors, Bharat Petroleum, South Central Railway, BSES, Delhi Metro, and BigBasket, NMDC, Flixbus, UBER backing its market leadership.
Future-Ready Innovations
Innovation is at the core of ThunderPlus’s mission. The company is gearing up to introduce wireless charging, cluster EV charging, and mobile EV charging solutions, further revolutionizing the Indian EV ecosystem.
Beyond commercial projects, ThunderPlus has also made significant strides in public infrastructure. The company has:
- Set up India’s first-ever EV-ready post office in Hyderabad.
- Partnered with TATA Motors to install 250 fast-charging stations.
- Collaborated with Bharat Petroleum to establish fast chargers at petrol pumps.
- Opened 150+ railway stations for setting up 30 EV charging stations in the first phase, with completion expected by December 2024.
Shaping the Future of EV Charging in India
ThunderPlus is more than a company—it is a revolution. Through innovations in groundbreaking EV charging technologies and strategic collaborations, the company is at the center of India's transition to green mobility. With the growth of EV demand gathering pace, ThunderPlus is ready to lead from the front, fueling the country's greener, more sustainable future.
With its bold agenda to follow, ThunderPlus continues to set new milestones, making the worry of running out of battery a thing of the past while EV charging is made effortless, efficient, and accessible to everyone.
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