Nexzu Mobility, an electric mobility company has signed a Memorandum of Understanding (MoU) with the Gujarat government, to develop what it claims is India’s first-ever Smart EV Park.
The company aims to invest Rs 5,000 crore over the next 10 years to set up the park, which it says is expected to generate employment for over 5,000 people. Work on the project is set to begin next year once land has been allotted to it.
The Smart EV Park will act as a hub providing comprehensive solutions for EV companies, professionals, owners, and users by enabling an ecosystem in a concentrated area, streamlining the supply chain, enabling cross-pollination of ideas, knowledge, and infrastructure sharing.
Atulya Mittal, Founder, Nexzu Mobility said, “With its focus on clean energy and mobility, high-tech manufacturing and innovation, Gujarat is a fantastic destination for a Smart EV Park. The establishment of the Park will strengthen the state’s standing as an EV manufacturing hub and support the ‘Make-in-India, Make-for-the-World’ initiative in the industry. With its fantastic connectivity, forward-thinking state leadership and pioneering people.”
Chintamani Sardesai, Business Head, Nexzu Mobility said, “This is a first-of-kind development in the Indian EV ecosystem and has the calibre to transform the EV landscape in the country. At this hub, we will be providing support to OEMs manufacturing commercial as well as passenger vehicles across segments, along with battery manufacturers. The facility will also have training schools for drivers and mechanics, along with test tracks to help manufacturers with testing before homologation. The EV city will also act as an incubation hub for new-age EV start-ups with a high focus on sustainability.”
The proposed Smart EV Park will be a state-of-the-art industrial park with ready to move in manufacturing facilities, common testing facilities, common R&D units, housing, educational and healthcare facilities. It will also include facilities designed to train professionals on the latest in electronics, battery manufacturing, powertrains and other EV components. The EV Smart Park will also support start-up entities who have a vision and the technology but lack the infrastructure or mechanical engineering and operations expertise required to kick start their operations.
