SUMMARY
Under this MoU, ATEL has agreed to install CC2 60 kW DC chargers at upcoming MG dealerships
Under this partnership, both parties will explore the potential of integrating public charging stations across platforms by leveraging advanced application programming interfaces (APIs)
A digital platform will be introduced to ensure a smooth experience for customers
Adani TotalEnergies E-Mobility, a wholly-owned subsidiary of Adani Total Gas Limited and a part of the diversified Adani Portfolio and MG
Motor India, has signed a Memorandum of Understanding (MoU) with MG Motor India to strengthen the electric vehicle charging infrastructure in the country.
As part of the MoU, ATEL will set up a CC2 60kW DC charger at MG Motors’ dealerships in India to bolster charging networks here, the company said in an exchange filing on Monday (April 8).
It will also provide “a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.”
Under this partnership, both parties will explore the potential of integrating public charging stations across platforms by leveraging advanced application programming interfaces (APIs) to enhance network visibility and accessibility.
This integration will offer increased accessibility and visibility to the PCS Network and a seamless experience across the integrated network owned and deployed by both the entities, the filing added.
Alongside this, a digital platform will also be introduced to ensure smooth experience for customers, enabling user authentication, charging, and billing settlement through a dedicated mobile application.
Gaurav Gupta, chief growth officer, MG Motor India, said, “This strategic partnership reflects our commitment to sustainable mobility and our vision to revolutionise the EV landscape by building a robust charging infrastructure. The combined synergies aim to empower Indian consumers to embrace electric mobility.”
The filing further said that this partnership will improve customer satisfaction by providing MG users with easy access to radio frequency identification (RFID) solutions at key locations within ATEL’s public charging network, including airports.
ATEL will supply RFID cards to MG through bulk purchases, offering special discounts to MG users.
RFID cards are plastic cards embedded with a small radio frequency identification (RFID) chip and antenna to enable access control, identification, and tracking.
Moreover, MG has also established 6-way charging infrastructure to ensure convenience and accessibility for electric vehicle users.
This development comes close on the heel of IndoEdge getting approval from the Competition Commission of India (CCI) to acquire an 8% stake in MG Motor India.
Chinese automotive manufacturer SAIC Motor-owned MG Motor India has been operating in the Indian electrical vehicle space actively for the last few years.
Most recently it entered into a joint venture with JSW Group that will produce both electric and internal combustion engine cars to capture a large chunk of the Indian market which is primarily dominated by Maruti and Tata Motors.
Alongside this, the company also shared a hint on gearing for an IPO and may bring in additional investors with local origin to “Indianise the company”.
In June 2022, it entered into the metaverse with its platform–MGverse. With the new metaverse platform, MG Motor wants to provide an immersive experience to its customers and stakeholders.
Before that, in May 2020, it entered into a partnership with Tata Power to set up superfast chargers for electric vehicles (EV). In this partnership, Tata Motors will install superfast chargers for EVs at select MG dealerships to offer end-to-end charging solutions to its dealers across India.
