Bolt.Earth

About Bolt.Earth

Founded in 2017 by BITS Pilani alumni Jyotiranjan Harichandan and Mohit Yadav, Bolt.Earth is positioned as a significant player in India's electric vehicle charging infrastructure market. Initially established as REVOS, the company aimed to create an 'Android for EVs,' an IoT-enabled operating system to make electric two and three-wheelers smarter and more connected. The founders' backgrounds in technology at companies like Adobe and Oracle provided a strong foundation for developing the software and hardware solutions that define the company.

Bolt.Earth operates on a vertically integrated business model, encompassing the design, manufacture, and deployment of its own EV charging hardware, alongside a comprehensive software platform. This end-to-end approach allows the company to offer a full-stack charging ecosystem that includes hardware, software, installation, and ongoing maintenance. Its revenue is primarily generated from the sale of charging units to individual EV owners, commercial establishments like apartment complexes and enterprises, and fleet operators. The company has also established a peer-to-peer network, enabling charger owners to generate passive income by making their charging points available to the public through the Bolt.Earth app.

The company serves a diverse client base, including individual EV users, businesses, real estate developers, fleet operators, and government entities. It has formed strategic partnerships with major automotive brands such as Bajaj, Mahindra, and Ather to expand its network and ensure interoperability. The core of its offering is an extensive network of over 38,000 charging points across more than 1,800 cities in India, making it one of the largest networks in the country. The product portfolio includes a range of chargers, from 3.3 kW standard sockets for home use to 240 kW DC ultra-fast chargers for commercial hubs and highways, catering to 2, 3, and 4-wheeled electric vehicles. Users can locate, book, and pay for charging sessions via the Bolt.Earth mobile app, which provides a 'scan-pay-charge' experience.