MG Motor, a British automobile company, has installed 500 chargers in 500 days as part of its MG Charge program in India. The company’s charge initiative was unveiled in the middle of 2022. This program aims to set up an accessible and sustainable EV charging network across the nation. It is dedicated to setting up 1,000 charging points in 1,000 days at leading condominiums, apartments, and societies.
The auto marque strategically partnered with EV charging providers like ElectreeFi, Exicom Telesystems, Ionage, EchargerBays, Statiq, and Highway Delite. In collaboration with its ecosystem partners, MG installed 7.4 kW chargers every day, covering around 50 major Indian cities.
Commenting on the recent development, the Chief Growth Officer at MG Motor India, Gaurav Gupta, said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores MG Charge’s vision of creating a robust EV ecosystem that not only supports but propels the widespread embrace of green mobility. Our belief is rooted in delivering not just chargers but convenient and accessible solutions, enhancing the entirety of the electric vehicle ownership experience for a sustainable and bright future.”
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Additionally, MG Motor India has teamed up with Epsilon Group for battery recycling and electric vehicle charging solutions. The brand has signed a Memorandum of Understanding (MoU) with two subsidiaries of Epsilon Group: Power EV and LICO. The Power EV will provide AD and DC charging solutions, whereas LICO will assist the company with second-life expertise and battery recycling.
Recently, MG Motor India and its joint venture partner, JSW Group, announced their plans under the MG 2.0 strategy for the Indian EV market. The brand will accelerate the expansion of its EV lineup to compete with other manufacturers in the Indian automotive market. JSW MG Motor India, a recently established joint venture, has committed to investing INR 5,000 crore to increase manufacturing capacity and introduce a new vehicle every three to six months starting in September this year.
The chairman and managing director of JSW Group, Sajjan Jindal, voiced confidence in the new collaboration, saying that their goal is to recreate a "Maruti-like movement in India," alluding to the significant growth of the personal car sector in India during the 1980s and 1990s. Jindal further added that the company is aiming to capture a share of 33 percent in the country’s EV sector by 2030.
