Skip to main content

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. 

Autocar Professional BureauBy Autocar Professional Bureau calendar 13 Dec 2023 Views icon5029 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
 Erisha E-Mobility and Uttarakahand Government sign Rs 1900 crore MoU to set up EV Park

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

Timken India Q2 Net Profit Grows 29% to Rs 120.90 Crore

auther Dev Vadchhedia calendar29 Oct 2026

The automotive bearings manufacturer posts top-line expansion.

River Mobility Crosses 100-Store Milestone with 10 New Outlets

auther Dev Vadchhedia calendar29 Oct 2026

The electric two-wheeler manufacturer expands its retail footprint across 65 cities as it targets 150 outlets by the end...

Greaves Cotton Q2 Net Loss Reaches Rs 29.81 Crore on Exceptional Charges and Input Costs

auther Dev Vadchhedia calendar29 Oct 2026

Sunk IPO expenses for Greaves Electric trigger a bottom-line swing despite 44% top-line growth.