Canada-based company Electric Asset Inc and Techno Fiji Pte Ltd announced an agreement in principle to explore opportunities for a joint venture partnership to develop electric vehicle charging stations for the emerging electric vehicle (EV) market in Fiji.
According to Electric Asset Inc chief executive officer Sanjay Maharaj, the company specialised in marketing and deploying intelligent private and public charging solutions for EVs.
“We will offer smart, long-term, cost effective future proof and technology driven intelligent solutions to Fiji’s emerging electrical vehicle charging market with the focus being on convenience to charge your electric vehicle,” he said.
Mr Maharaj said Fiji’s climate change Act required decarbonisation of the transport sector.
“This will not only help Fiji’s mandate to cap carbon emissions but would also help in reducing fuel import cost with a direct impact in preserving foreign reserves.”
Techno Fiji Pte Ltd marketing officer Hinesh Kumar said the joint venture in the coming weeks and months would engage with stakeholders including regulatory agencies and government departments as well.
“A memorandum of understanding between both parties will be signed soon as a first step to explore this opportunity in Fiji,” said Mr Maharaj.
According to Techno Fiji Pte Ltd chief executive officer Ajai Punja, “this is an exciting opportunity to work together in establishing the benchmark and electrical vehicle charging standards for Fiji”.
