MG Motor India & Epsilon Group Forge Strategic Alliance To Enhance EV Ecosystem

Mobility Outlook Bureau
18 Apr 2024
01:16 PM
1 Min Read

This initiative includes the deployment of 1000 charging stations over 1000 days, significantly expanding the reach of public charging facilities.

MG Motor India & Epsilon Group Forge Alliance mobility outlook

MG Motor India has embarked on a strategic partnership with the Epsilon Group to bolster the electric vehicle (EV) ecosystem through advanced charging and battery life management solutions. Power EV, known for its comprehensive range of AC and DC chargers, will cater to MG Motor India with customised charging technologies, enhancing the accessibility and efficiency of electric charging across the country. These stations will incorporate Power Panel Management Software, facilitating easier management and usage of the charging infrastructure.

LICO, specialising in battery recycling and refurbishment, will support MG Motor India in implementing sustainable practices for battery lifecycle management. This includes the recycling of end-of-life batteries to recover valuable materials such as lithium and cobalt, which are essential for battery production. LICO's efforts are aligned with global circular economy principles and aim to enhance the sustainability of the EV sector by extending the life and usability of battery resources.

Gaurav Gupta, Chief Growth Officer at MG Motor India, expressed enthusiasm about the partnership: “Our collaboration with Epsilon Group represents a pivotal step towards realising our vision of a sustainable EV ecosystem in India. By integrating advanced charging solutions and sustainable battery management practices, we are setting the stage for a cleaner, more sustainable future in automotive technology.”

Vikram Handa, Managing Director of Epsilon Group, highlighted the transformative potential of the alliance: “Our partnership with MG Motor India is a testament to our commitment to accelerating the adoption of green mobility solutions. Through innovative charging technologies and battery repurposing strategies, we are paving the way for a more sustainable automotive industry.”

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