Brands
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Youtstory

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

YSTV

ADVERTISEMENT
Advertise with us

MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling

As per the agreement, Power EV will provide custom charging technology to develop AC and DC charging solutions for charging solutions for MG’s EVs.

MG Motor ties up with Epsilon Group for EV charging solutions, battery recycling

Thursday April 18, 2024 , 1 min Read

MG MotorIndia on Thursday said it has partnered with the Epsilon Group for EV charging solutions and battery recycling.

As part of the collaboration, the automaker has signed an MoU with two Epsilon Group subsidiaries - Power EV, for charging solutions and LICO, for battery recycling and second-life expertise.

As per the agreement, Power EV will provide Custom Charging technology to develop AC and DC charging solutions for charging solutions for MG’s EVs.

Also Read
WTIcabs plans to induct 1,000 EVs in its fleet this fiscal

Through active involvement in the MG charge initiative–deploying 1,000 charging points in 1,000 days within residential communities and apartments across India–Power EV aims to bolster the existing public charging network by expanding the availability of AC chargers and introducing high-capacity DC charging options, MG Motor India said in a statement.

LICO will assist MG Motor India in its Extended Producer Responsibility (EPR) obligations by providing comprehensive battery recycling and certification services, it added.

"Our collaboration with the Epsilon Group signifies a strategic alliance aimed at realising this vision through an efficient charging infrastructure which aids and complements a circular economy by way of second-life and end-of-life solutions for batteries," MG Motor India Chief Growth Officer Gaurav Gupta said.


Edited by Affirunisa Kankudti