ChargeZone, India's largest EV charging network operator, has announced plans to deploy over 1,000 fast-charging stations across major national highway corridors by FY2027. The company is adopting a DOCO (Dealer Owned, Company Operated) franchise model, partnering with the State Bank of India to make financing accessible. Each station will deliver between 500 kW and 1.5 MW of charging capacity, enough to serve personal EVs and commercial fleets simultaneously. If executed on schedule, this would be the single largest private-sector highway charging rollout in India's history.

The DOCO Model -- A New Way to Scale

The traditional approach to building EV charging infrastructure has been capital-intensive. Operators raise funds, lease or buy land, install hardware, connect to the grid, and then hope that utilization rates justify the investment. This model has worked in dense urban areas where foot traffic is high, but it has struggled on highways where utilization is lower and land costs vary wildly across states.

ChargeZone's DOCO model flips the capital structure. Under this arrangement, the dealer -- which can be a landowner, entrepreneur, business, or institution -- invests in the station hardware and provides the land. ChargeZone, as the operator, handles everything else: station design and development, equipment procurement and commissioning, software and payment integration, day-to-day operations and maintenance, and customer support.

The logic is straightforward. Landowners along highways -- hotel operators, fuel station owners, restaurant chains, industrial park developers -- already have the real estate and the customer traffic. What they lack is the technical expertise to build and run a high-voltage DC charging station. ChargeZone provides that expertise while the landowner provides the capital and location. Revenue is shared between the two parties.

Why DOCO matters: India currently has 27,737 EV charging stations installed as of March 2026, with 22,753 operational. But over 4,600 of these are on highways. ChargeZone's 1,000-station target would increase highway coverage by roughly 22% in a single push -- a step-change for long-distance EV travel in India.

Investment Details and SBI Financing

Each ChargeZone highway station requires a minimum investment of approximately 1 Crore (10 million rupees). This covers the charging hardware (DC fast chargers, cables, connectors), electrical infrastructure (transformers, switchgear, grid connection), civil work (canopy, parking bays, signage), and the initial setup costs for software and payment systems.

To make this accessible, ChargeZone has partnered with the State Bank of India (SBI) under its EV Mitra scheme. SBI's EV Mitra is a dedicated lending programme for EV charging infrastructure, offering loans ranging from 10 Lakh to 10 Crore at subsidized interest rates, with repayment periods of up to 7 years. The scheme was designed specifically to support enterprises developing public charging infrastructure and has already been used to finance several hundred urban charging stations across India.

ParameterDOCO (ChargeZone)Fully Company-Owned
Capital SourceDealer/Partner investsOperator raises all capital
LandDealer providesOperator leases/buys
OperationsChargeZone operatesOperator handles all
Min. Investment~1 Crore per station1.5-3 Crore per station
Revenue ModelRevenue share100% to operator
FinancingSBI EV Mitra (7-year loans)Venture/debt funding
Scale SpeedFaster (distributed capital)Slower (centralized capital)

The SBI partnership is significant because access to capital has been the bottleneck for many prospective charging station operators. A highway dhaba owner or petrol pump dealer may see the opportunity in EV charging but cannot self-finance a 1 Crore installation. SBI's EV Mitra removes that barrier with structured, long-tenor lending specifically designed for this asset class.

Station Specifications -- 500 kW to 1.5 MW

ChargeZone's highway stations are not small installations. With charging capacities ranging from 500 kW to 1.5 MW per station, these facilities are designed to serve multiple vehicles simultaneously, including both personal EVs and commercial electric vehicles such as electric buses and delivery trucks.

To put this in perspective, a typical 500 kW station can charge three to four passenger EVs simultaneously at 120-150 kW each, delivering an 80% charge in roughly 25-35 minutes. A 1.5 MW station can handle eight or more vehicles at once, including heavy-duty commercial EVs that require higher power delivery. All chargers support the CCS2 (Combined Charging System) standard, which is compatible with virtually every EV sold in India including Tata, Mahindra, Hyundai, MG, BYD, Mercedes-Benz, and BMW models.

Charging speed context: A Tata Nexon EV with a 40.5 kWh battery charging at 120 kW would go from 10% to 80% in approximately 28 minutes. A Mahindra XEV 9e with a 79 kWh battery at 150 kW would take roughly 35 minutes for the same range. These times make highway stops for charging comparable to a typical meal break.

Highway Corridors -- Current and Planned

ChargeZone's existing network already covers several major highway corridors. The 1,000-station expansion will deepen coverage on these routes while opening up new corridors that currently have sparse or no fast-charging options.

Delhi -- Mumbai

India's busiest corridor. Existing ChargeZone presence; expansion to add chargers every 40-50 km

Bengaluru -- Hyderabad

Growing EV traffic on NH44. Current gaps of 80-100 km between stations to be filled

Mumbai -- Hyderabad

Critical west-south link. Existing stations being supplemented with higher-capacity units

Delhi -- Chandigarh

Popular weekend route. High utilization stations to be expanded with additional bays

Bengaluru -- Chennai

One of India's best-served corridors already. Focus on reliability and capacity upgrades

Vizag -- Chennai

East coast corridor with growing traffic. New stations to bridge 100+ km gaps

Mumbai -- Bengaluru

Long corridor with patchy coverage. Priority for new franchise station deployment

New Expansion Routes

Delhi-Jaipur, Lucknow-Varanasi, Kolkata-Bhubaneswar corridors being evaluated

The PM E-DRIVE scheme has allocated approximately 2,000 Crore specifically for EV charging infrastructure, with a target of roughly 72,000 chargers across 50 national highway corridors. ChargeZone's 1,000-station target, while ambitious, represents a significant private-sector contribution alongside the government's efforts. As our earlier analysis noted, highway charging has doubled in the past year but meaningful gaps remain on secondary corridors.

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Project E-DHARA -- Solar-Powered Reliability

One of the persistent complaints about EV chargers in India -- particularly on highways and in semi-rural areas -- has been unreliable power supply. Grid fluctuations, scheduled outages, and load shedding can render a charging station useless precisely when a highway traveller needs it most. ChargeZone's answer to this is Project E-DHARA.

Project E-DHARA integrates solar power generation and Battery Energy Storage Systems (BESS) directly into the charging station infrastructure. Solar panels installed at or near the station generate renewable energy during daylight hours, which is stored in on-site battery packs. During grid outages or peak demand periods, the stored energy kicks in, ensuring that the station can continue to serve vehicles without interruption.

The combination of grid power, solar generation, and battery backup is designed to achieve near 100% uptime -- a critical requirement for highway stations where the next charger may be 50-80 km away. For EV owners, this translates to confidence that the charger shown on their navigation app will actually be working when they arrive. That reliability is what ultimately converts range anxiety into range confidence.

Sustainability angle: Project E-DHARA also addresses the criticism that EVs charged from coal-heavy grids are not truly clean. By incorporating solar power, ChargeZone's highway stations reduce the carbon intensity of each charging session. The company claims that stations with full E-DHARA integration can source 40-60% of their energy from solar, depending on geography and season.

What This Means for EV Buyers and Used Car Owners

Highway charging infrastructure has a direct impact on EV buying decisions. Surveys consistently show that range anxiety -- specifically, the fear of running out of charge during highway travel -- is the number one reason Indian car buyers hesitate to go electric. A dense, reliable network of highway fast chargers directly addresses this barrier.

For new EV buyers, ChargeZone's expansion means that long-distance travel in an EV becomes practical on more routes. If you live in Delhi and want to drive to Jaipur, Chandigarh, or even Mumbai in your electric car, the charging infrastructure is rapidly getting to the point where it supports that journey without careful advance planning.

For used EV buyers, the infrastructure buildout is equally significant. One reason used EV prices have lagged behind used ICE prices in India is the perceived inconvenience of charging, especially outside metro cities. As highway and tier-2 city charging improves, used EVs become more attractive to a wider pool of buyers. A used Tata Nexon EV that previously only made sense as a city commuter can now realistically handle weekend highway trips -- and that versatility translates to better resale value. You can already browse verified used EVs on VahanBazaar.

As we covered in our home EV charging guide, the combination of home charging for daily use and highway fast charging for long trips creates the ideal ownership experience. ChargeZone's network expansion brings that ideal closer to reality for millions of Indian car buyers.

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Frequently Asked Questions

What is the ChargeZone DOCO franchise model? +
DOCO stands for Dealer Owned, Company Operated. Dealers, landowners, or entrepreneurs invest in the charging station hardware and land (minimum approximately 1 Crore), while ChargeZone handles development, commissioning, operations, and maintenance. Revenue is shared between the dealer and ChargeZone. SBI provides financing through the EV Mitra scheme.
How much does it cost to open a ChargeZone franchise station? +
The minimum investment is approximately 1 Crore (10 million rupees) per station, covering charging hardware, electrical infrastructure, civil work, and software setup. SBI's EV Mitra scheme offers loans from 10 Lakh to 10 Crore at subsidized rates with up to 7-year repayment periods, making the investment accessible to a wide range of prospective partners.
Which highways will get ChargeZone fast chargers? +
ChargeZone's existing network covers Delhi-Mumbai, Bengaluru-Hyderabad, Mumbai-Hyderabad, Delhi-Chandigarh, Bengaluru-Chennai, Vizag-Chennai, and Mumbai-Bengaluru corridors. The 1,000-station expansion will deepen coverage on these routes and open new corridors including Delhi-Jaipur, Lucknow-Varanasi, and Kolkata-Bhubaneswar.
What is Project E-DHARA? +
Project E-DHARA is ChargeZone's sustainability initiative that integrates solar power and Battery Energy Storage Systems (BESS) into charging stations. This ensures near 100% uptime by using stored solar energy during grid outages. Stations with full E-DHARA integration can source 40-60% of their energy from solar, reducing both dependence on the grid and the carbon intensity of each charging session.
How does highway charging affect used EV resale value? +
Highway charging infrastructure directly impacts used EV resale values. Cities and regions with dense charging networks see 5-8% higher used EV prices compared to areas with limited coverage. As highway chargers expand, used EVs become practical for long-distance travel, broadening their appeal and supporting stronger resale values -- especially in tier-2 and tier-3 cities.
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