MG Motor India teams up with Adani Gas for EV charging boost

8 Apr 2024 , 01:14 PM

A memorandum of understanding (MoU) was inked by Adani Gas’ wholly-owned subsidiary Adani TotalEnergies E-Mobility and MG Motor India to enhance the country’s electric vehicle (EV) charging infrastructure, the firm announced in a stock exchange statement on Monday.

As per the announcement, ATEL will install CC2 60 kW DC chargers at future MG dealerships. It will additionally offer “a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.”

According to the statement, the businesses will investigate the possibility of utilizing advanced application programming interfaces (APIs) to improve network visibility and accessibility when integrating public charging stations across platforms.

We are excited to start a new chapter in our relationship with Adani TotalEnergies E-Mobility Limited, one that will accelerate the use of electric cars in India. Chief Growth Officer of MG Motor India Gaurav Gupta stated, “This strategic partnership reflects our commitment to sustainable mobility and our vision to revolutionize the EV landscape by building a robust charging infrastructure.”

The collaboration between MG Motor India and Adani TotalEnergies E-Mobility Limited to create charging infrastructure is a major step forward and will be essential in quickening India’s energy shift. “Suresh P. Mangalani, ED & CEO, ATGL, stated that this endeavour will help to lower carbon emissions and promote a cleaner and greener environment.

In 2023, MG Motor India was given new life when the Sajjan Jindal-led JSW Group acquired over 33% of the business.

In March 2024, MG Motor India’s retail sales fell 23% year over year to 4,648 units. The automaker reported that IT saw a year-over-year increase in sales of about 14% in FY 2023–2024 compared to FY 2022–2023.

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