Essel Infraprojects launches new EV project in UP, inaugurated by PM Modi

Essel Infraprojects launches new EV project in UP, inaugurated by PM Modi

A new electric-vehicle (EV) project has recently been launched by Essel Infraprojects (EIL), Essel Group, in Uttar Pradesh (UP), India. The new EV project marks the launch of EIL’s EV charging stations and battery swapping technology initiative under Essel Green Mobility Limited.

The ceremony to launch EIL’s new EV project was held recently in Lucknow, and was inaugurated by Indian Prime Minister Narendra Modi.

EIL’s new EV project will give a notable boost to the overall EV Ecosystem, in order to encourage the adoption of EVs in India. The project involves a total investment of Rs 1750 crore. The amount will be invested in a phased manner, for the deployment of a total of 250 EV charging stations and 1000 battery swapping stations in 20 cities in Uttar Pradesh.

In addition, EIL will also invest in the deployment of nearly 25,000 e-rickshaws in Uttar Pradesh, with the objective to generate 50,000 jobs in the state. The move will basically address the last-mile connectivity issue which has been the main barrier in local transport infrastructure.

About EIL’s new EV project, Essel Group Chairman Subhash Chandra said that the launch of EVs in Uttar Pradesh will improve the transport structure in the state, and added: “With the launch of this initiative, we have enhanced our association with the state and look forward to doing our bit in the government’s vision of clean mobility.”