Erisha E Mobility and the Uttar Pradesh (UP) have signed a Memorandum of Understanding (MoU) to invest USD 50 million or Rs 400 crore towards the construction of 100 EV charging hubs in Gautam Buddha Nagar district in the state.
This significant collaboration aims to hasten the uptake of electric vehicles and support environmentally friendly transport options in Uttar Pradesh, the company said in a statement.
“By establishing a strong network of charging hubs, the MoU has shown its dedication to a cleaner and greener future,” it said.
According to Parminder Singh Baweja, ED, Erisha E Mobility, the installation of 100 EV charging hubs will contribute to EV growth in the Gautam Buddha Nagar district of Uttar Pradesh.
“The UP government has made EVs a priority, and we are dedicated to creating the necessary infrastructure and ecosystem for EV adoption and promotion. The collaboration with the UP government represents a shared commitment to developing green transport and lowering carbon emissions,” the company said.
The collaboration also seeks to allay the range of anxiety concerns of EV consumers and encourage the growth of the EV market in the district. This is done by increasing the charging infrastructure network. The installation of 100 EV charging hubs would help Uttar Pradesh achieve its goal of becoming a pioneer in sustainable energy.
Commenting on the development, Darshan Singh Rana, Chairman & Managing Director of Erisha E Mobility said, “This 400 crore investment shows our dedication to promote environmentally friendly transit options and a cleaner environment. We are certain that this initiative will encourage the EV industry development in Uttar Pradesh. This will open the door to a more environmentally friendly future.”
