CASHurDRIVE Secures 10-Year Contract to Set Up 200 EV Charging Stations in Delhi

Advertising and mobility solutions company CASHurDRIVE has won a major 10-year mandate from HLL Infra Tech Services (HITES) to develop 200 electric vehicle (EV) charging stations across Delhi. The project will be executed at Municipal Corporation of Delhi (MCD) sites and will also integrate e-bike and e-cycle sharing facilities, boosting green mobility in the capital.

Key Highlights of the Contract

EV Infrastructure: 200 charging stations with integrated e-bike/e-cycle sharing.

Advertising Rights: Includes two unipoles of 128 sq. ft. each, strengthening outdoor advertising presence.

Tenure: 10 years, ensuring recurring revenue visibility.

Strategic Growth: Expands CASHurDRIVE’s role in India’s EV ecosystem and clean energy push.

Strategic Significance

The long-term project positions CASHurDRIVE as a key enabler of Delhi’s clean mobility transition, in line with government initiatives to reduce carbon emissions and promote EV adoption. Alongside charging infrastructure, the inclusion of advertising rights enhances the company’s out-of-home (OOH) advertising portfolio, creating a synergy between mobility and media revenue streams.

Market Impact

Delhi remains one of India’s most promising EV markets, with rising adoption of electric two-wheelers, cars, and last-mile delivery solutions. By securing this mandate, CASHurDRIVE not only strengthens its recurring revenue pipeline but also consolidates its market leadership in integrated EV infrastructure and outdoor advertising.

Industry Outlook

Industry experts believe such long-tenure contracts provide visibility of sustainable growth while aligning with the government’s National Electric Mobility Mission Plan (NEMMP). The initiative is expected to encourage private partnerships in the EV sector and accelerate India’s journey towards net-zero mobility.

Overall Impact: The deal is being seen as a positive development for CASHurDRIVE, with clear growth visibility, long-term revenue assurance, and a strategic synergy between EV charging infrastructure and advertising opportunities.