01 - Podcast with Mr. Awadhesh Kumar Jha, Fortum Charge and Drive India

We speak about Fortum and it's parent's journey, pain points of app based charging, franchisee business models as charge point operators and 2w/3w/4w charging

You can access the audio recording here - https://expwithevs.substack.com/p/01-podcast-chatting-with-awadhesh-fortum

Incase you’d like to skip the audio recording, you can refer to the transcript here directly.

Housekeeping

Podcast is now available on the following platforms. Please choose the platform of your liking and subscribe for future episodes :

1. YouTube - https://www.youtube.com/channel/UCzbe_n-u_URVK0DgHCj-j4A

2. Spotify link -

3. Apple Podcasts -

4. Stitcher - https://www.stitcher.com/show/1029404

5. Pandora - https://www.pandora.com/podcast/expwithevs-podcast/PC:1001029404

6. Podcast Addict - https://podcastaddict.com/podcast/4111601

7. Amazon

8. Podchaser - https://www.podchaser.com/ExpWithEVsPodcast 

9. Player.FM - https://player.fm/series/expwithevs-podcast

10. RSS Feed - https://api.substack.com/feed/podcast/877930.rss 

My thoughts

I’ve made a quick infographic to see the varied business of Fortum in one go.

Fig 1 : Fortum’s businesses

Fortum India has been vertically integrating, that is being a power producer and simultaneously acting as a bridge to fulfil the demand of electric vehicle charging. This combination, in turn provides them with an upper hand in pricing as well as technology when dealing with the power producers.

Their experience to setup fast chargers in few of the developed markets, namely Scandinavian countries, allows them to design and build support the EV ecosystem with some experience.

Fortum is now moving outside of the cities and expanding onto highways. This should provide EV drivers with more options to charge on their road trips and help quell the range anxiety issue.

Fig 2 : Fortum’s Highway Electrification Plan

This shows the routes that they’ll be electrifying in the coming year.

I spoke about how Fortum was 2nd, 4th and 4th spot in the Northern, Western and Southern markets. Link here.

Fig 3 : Fortum’s rank in DC FC business, as of Aug 2022.

India is a huge market and vastly different from what they’ve seen in European countries. We still don’t know how and at what rate the EV markets in India will grow. Only time will tell.

Feel free to leave your comments and feedback.

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This piece can be re-published (CC BY-NC-SA) with a line mentioning ‘This was originally published on ExpWithEVs Substack’ and a link back to this page. In case of re-publishing, please alert priyansevs@gmail.com

Text, data and infographics - Priyans Murarka

Map - Siddharth Agarwal