Erisha E-Mobility and Uttarakahand Government sign Rs 1900 crore MoU to set up EV Park
The total investment of Rs 1900 crore will be over a 10 year time period.
The government of Uttarakhand has signed an Memorandum of Understanding (MoU) with Erisha E Mobility, to establish an EV park and deploy 100 EV charging hubs across the state.
The Electric Vehicle (EV) Park proposed on 320 acres with the investment of Rs 1500 crore, will provide a platform for Electric Vehicles manufacturing, ancillary units set up, technology providers, and researchers to collaborate, fostering the growth of the electric vehicle ecosystem in Uttarakhand. The company is also committed to generate the employment of 5000 persons (Direct+Indirect).
Additionally, the project aims to establish a robust charging infrastructure with the installation of 100 Electric Vehicle charging hubs with the proposed investment of Rs 400 crore, strategically located across the state. This network will ensure convenient access to charging facilities, facilitating the adoption of electric vehicles and reducing the carbon footprint of transportation in Uttarakhand. The total investment of Rs 1900 crore will be over a 10 year time period.
The MoU was formalised in the presence of the Chief Minister of Uttarakahand, Pushkar Singh Dhami and Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited.
Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited commented, "Our expertise in electric mobility solutions, combined with the government's commitment to sustainability, will undoubtedly create a positive impact on the environment and drive economic growth."
RELATED ARTICLES
As E-Shifters Gain Traction, Lumax Secures SOP for 3 Platforms to Ride 50:50 Market Shift
Lumax Auto Technologies expects shift-by-wire gear selectors to account for half of India’s automatic shifter volumes by...
Weekly News Wrap: Ethanol Policy Push, Maruti’s SUV-Hatchback Bet, BYD’s Hybrid Entry and Auto Suppliers’ Capex Revival
The week saw policy support for higher ethanol blends, ambitious production plans from Maruti Suzuki, fresh product move...
India's Auto Market Hits Record High, But One Company Drove 60% of Growth
Passenger vehicle dispatches reached an all-time high for May as SUVs drove growth, while Maruti Suzuki strengthened its...


By Autocar Professional Bureau
13 Dec 2023
4896 Views
Shahkar Abidi
