Image Source : Future Fuels
Bolt.Earth is redefining India’s electric vehicle (EV) charging landscape with a decentralized, Airbnb-inspired model. By empowering individuals and businesses to host and monetize EV chargers, the startup has deployed over one lakh units across 1,800 cities, aiming to install 10 lakh annually by 2028 and reach profitability by 2026.
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As India accelerates toward an electric mobility future, Bengaluru-based startup Bolt.Earth is emerging as a game-changer. With a vision to democratize EV charging, the company has introduced a unique peer-to-peer model reminiscent of Airbnb—allowing anyone to become a charging point host.
Notable Updates:
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Decentralized Charging Network: Bolt.Earth enables individuals, apartment complexes, and businesses to install and operate EV chargers, creating a hyperlocal, scalable infrastructure.
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Market Leadership: The company currently commands a 63% market share in India’s EV charging segment, with over 1 lakh chargers deployed across 1,800 cities and towns.
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Aggressive Growth Plans: Bolt.Earth aims to deploy 10 lakh chargers annually by 2028, with a near-term goal of achieving profitability by 2026.
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Tier II & III Expansion: The model is gaining traction beyond metros, with increasing adoption in smaller cities, bridging the urban-rural EV divide.
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Revenue Milestone: The company is on track to hit $5 million in revenue this financial year, signaling strong market validation.
By turning everyday spaces into charging hubs, Bolt.Earth is not just building infrastructure—it’s building a movement.
Sources: YourStory, Bolt.Earth official site.
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