Cargo Matters to Invest Rs 66 Crore in Over 550 EV Charging Stations Across South India

Cargo Matters plans to invest Rs 66 crore to establish over 550 smart, solar-integrated EV charging stations across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala. Partnering with TRYK Charge Services, the project aims to address the lack of heavy-duty charging infrastructure for commercial logistics and passenger vehicles. The network will feature ultra-fast 360 kW DC chargers managed via a Charge Point Operator platform offering real-time analytics and remote monitoring. An RFID-based charging card will enable seamless access, and existing third-party chargers will be integrated to optimize operations and revenue.