In 2024, Statiq achieved significant growth, expanding its network to 8,000 chargers across 65 cities and capturing 22% of the market share. Key locations where the company installed chargers this year include the Double Tree by Hilton in Bangalore, Hilton Garden Inn in Lucknow, Express Avenue Mall in Chennai, Nexus Koramangala Mall in Bengaluru, and Fun Republic Mall in Lucknow.
In addition to expanding its network, Statiq launched the NECTAR 7.4kW AC charger, a compact and efficient solution designed to cater to the needs of Indian consumers. As part of its growth strategy, Statiq has also entered the direct-to-consumer (D2C) market.
Looking ahead, the company plans to deploy 20,000 chargers across tier-2 cities, highways, and popular tourist destinations by the end of 2025, further extending its reach and strengthening its network.
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