Adani TotalEnergies E-Mobility and MG Motor India Rev Up India’s EV Infrastructure. Adani Group‘s subsidiary, Adani TotalEnergies E-Mobility (ATEL), has signed a momentous Memorandum of Understanding (MoU) with MG Motor India to supercharge India’s Electric Vehicle (EV) landscape.
This strategic partnership focuses on expanding and enhancing accessibility of EV charging stations across the nation, providing a significant boost to sustainable mobility solutions.
Gearing Up for a Charged Future
The collaboration entails the deployment of cutting-edge CC2 60 kW DC fast chargers at upcoming MG dealerships by ATEL. This not only expands the charging network but also ensures convenient and rapid charging experiences for MG’s EV customer base. ATEL will provide a comprehensive service encompassing the entire lifecycle of the charging stations, including supply, installation, operations, and maintenance.
Innovation at the Wheel: Streamlining the Charging Network
Both ATEL and MG Motor India are committed to exploring the integration of public charging stations through state-of-the-art Application Programming Interfaces (APIs). This technological integration will enhance network visibility for EV owners, allowing them to locate charging stations effortlessly through mobile applications. This will significantly improve user experience and encourage further EV adoption.
Industry Leaders Unite for a Sustainable Future
Gaurav Gupta, Chief Growth Officer at MG Motor India, expressed his enthusiasm about the partnership, highlighting its potential to revolutionize the EV sector in India and propel the nation towards a sustainable mobility future.
Suresh P Mangalani, ED & CEO of Adani TotalEnergies Gas Limited, emphasized the agreement’s significance in expediting India’s energy transition by facilitating a significant reduction in carbon emissions.
MG Motor India: Growth Amidst Transformation
MG Motor India, which received a major boost after the JSW Group acquired a significant stake in 2023, has demonstrated consistent growth despite facing challenges. While March 2024 saw a 23% year-on-year decline in retail sales, the company achieved an impressive 14% growth in overall sales for the fiscal year 2023-24 compared to the previous year. This indicates a promising trajectory for MG Motor India as the EV landscape in India continues to evolve.
This strategic alliance between Adani TotalEnergies E-Mobility and MG Motor India presents a groundbreaking opportunity to revolutionize India’s EV charging infrastructure. By deploying advanced charging technology and leveraging innovative solutions, this partnership is poised to accelerate the adoption of electric vehicles and pave the way for a cleaner and more sustainable future.
