ThunderPlus Partners with EveyTrans to Build 1.6 MW Charging Hub, Taking 40% Stake

Why It Matters

The project demonstrates a scalable model for ultra‑fast, multi‑modal EV charging that supports India’s aggressive electrification targets and reduces operating costs for large bus fleets.

Key Takeaways

• 1.6 MW hub on one‑acre site in Andhra Pradesh.
• Partnership gives ThunderPlus 40% stake, EveyTrans 60%.
• Facility supports 150+ EVs simultaneously, including 50 buses.
• Includes fast, AC, two‑wheelers, and battery‑swap stations.
• Adds bus service bays, driver training, and maintenance.

Pulse Analysis

India’s push toward electrified transport hinges on high‑power charging nodes that can keep pace with growing vehicle volumes. The Hyderabad‑Vijayawada corridor, a 600‑kilometre artery linking two major economic hubs, has long suffered from range‑anxiety for electric buses and delivery trucks. By installing a 1.6 MW hub on a one‑acre plot in Tadepalli, ThunderPlus introduces ultra‑fast 180 kW chargers capable of refueling a bus in under 30 minutes, a benchmark that narrows the performance gap with diesel fleets and encourages operators to expand electric routes.

The joint venture with EveyTrans, which commands over 3,300 electric buses across seven states, gives ThunderPlus a 40 percent equity position while the operator retains the majority stake. This ownership split aligns capital risk with operational expertise, allowing the hub to serve both fleet charging and public users. With five 7.4 kW AC points and dedicated two‑wheelers chargers, the site can simultaneously accommodate more than 150 vehicles, positioning it as a multi‑modal service centre. Such scalability is essential for meeting the Indian government’s target of 30 percent electric public transport by 2030.

Beyond pure charging, the Tadepalli hub integrates battery‑swap bays, service workshops, spare‑parts storage, and driver‑training facilities, creating an ecosystem that reduces vehicle downtime and operational costs. This holistic approach mirrors global best practices seen in China and Europe, where combined services accelerate fleet turnover and improve total cost of ownership. As more corridors adopt similar ultra‑fast hubs, network effects will lower electricity procurement costs and enable dynamic load‑management, attracting private investors and reinforcing India’s ambition to become a leading EV market by 2035.

Deal Summary

ThunderPlus announced a partnership with electric bus operator EveyTrans to construct a 1.6 MW EV charging hub in Andhra Pradesh, India. ThunderPlus will hold a 40% ownership stake in the facility, which will serve buses, cars, two‑wheelers and include battery‑swapping and bus‑servicing infrastructure.