TelioEV Appoints Mukesh Bansal As Chief Technology Officer

Opportunity India Desk
Opportunity India Desk Aug 05 2022 - 3 min read
TelioEV Appoints Mukesh Bansal As Chief Technology Officer
At TelioEV, Bansal will oversee all product business development, identifying tech solutions and developing the partner ecosystem for TelioEV products.

TelioEV, Electric vehicle (EV) charging network provider has announced the onboarding of Mukesh Bansal as Chief Technology Officer (CTO) of the company. Bansal brings around two decades of leadership experience in IoT and Robotics product solutions and customer engagement. Prior to TelioEV, Mukesh held leadership positions at Signify Innovations India Limited (Formerly Philips Lighting solutions) and Hi-tech Robotics Systemz. At TelioEV, he will oversee all product business development, identifying tech solutions and developing the partner ecosystem for TelioEV products.

TelioEV is a start-up powered by TelioLabs, a green tech innovation company with a focus on utilising Technology for Sustainability. TelioEV helps the user to know the whereabouts of all the nearest EV charging stations. The company is working to reduce carbon footprint. The App is a data-savvy platform for all EV charging-related solutions across the industry, from front-end mobile applications to high-end analytical performance evaluation and improvement tools at the back end.

Commenting on the appointment, Amit Singh, Founder and CEO of TelioLabs, said, “We are pleased to have Mukesh on board with us at TelioEV. His vast and deep technology and business experience will help TelioEV have an integrated approach to meet our strategic objectives. I look forward to closely working with him to capitalise on the right opportunities as we continue to deliver value impact results.”

Mukesh is based out of Noida and will also lead in building firmware capability and building an end-to-end offering in IoT and EV domain.

Mukesh Bansal, Chief Technology Officer, TelioEV on his appointment, said, “I am delighted to join Team TelioEV at such an exciting time in India’s EV journey. TelioEV has the potential to be a market leader in EV charging provider segment and I’m privileged to have the opportunity to work with the team.”

TelioEV is a digital SaaS solution for the complete EV economy. TelioEV not only includes the SaaS solution for EV charging management, EV charging roaming but it also gives the facility for aggregation of all the different charging stations and service stations of the vehicles.

The company has recently collaborated with couple of engineering colleges to set up EV R&D labs and it is using those R&D labs to solve end customers’ problems and incorporating it into the SaaS so that once someone buys it they keep getting the new features.

The company is also building the charging roaming so that customer can charge their vehicle anywhere. “We are also implementing charger testing system in our platform. We have partnered with some patented solutions from US and have integrated it with our solution. It will be launched in the September,” Amit Singh, Founder and CEO had said.

EV Market In India

The Indian automobile industry is the fifth largest in the world and is expected to become the third largest by 2030. As per India Energy Storage Alliance (IESA), the Indian EV industry is expected to expand at a CAGR of 36 per cent. As population rises and demand for vehicles grow, dependence on conventional energy resources is not a sustainable option as India imports close to 80 per cent of its crude oil requirements. NITI Aayog aims to achieve EV sales penetration of 70 per cent for all commercial cars, 30 per cent for private cars, 40 per cent for buses and 80 per cent for two and three-wheelers by 2030. This is in line with the goal to achieve net zero carbon emission by 2070. Over the last three years, 0.52 million EVs were registered in India, according to the Ministry of Heavy Industries. EVs recorded robust growth in 2021, supported by the implementation of favourable policies and programmes by the government.

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