MG Motor India has signed an MoU with two Epsilon Group subsidiaries – Power EV, for charging solutions and LICO, for battery recycling and second-life expertise.
As per the agreement, Power EV will provide Custom Charging technology to develop AC and DC charging solutions for charging solutions for MG’s EVs, thereby enhancing the end-user experience.
Through active involvement in the MG Charge initiative – deploying 1000 charging points in 1000 days within residential communities and apartments across India – Power EV aims to bolster the existing public charging network by expanding the availability of AC chargers and introducing high-capacity DC charging options.
Additionally, this partnership will capitalise on Power EV’s expertise to innovate charging technologies tailored for MG Motor India’s forthcoming EV models.