India charging network to get boost from M&M partnership

New JV will see 1,100 chargers rolled out in key emerging Indian market

India charging network to get boost from M&M partnership
The XUV400 is M&Ms first electric SUV to go on sale in India

Indian auto manufacturer Mahindra & Mahindra (M&M) has signed a memorandum of understanding (MoU) with Adani TotalEnergies E-Mobility Limited (Atel) to create an EV charging infrastructure in India.

The partnership is looking to roll out 1,100 chargers over the next few years.

“This alliance is a cornerstone in enhancing the EV charging infrastructure, ensuring our customers enjoy seamless access to charging network and digital integration for an unparalleled EV experience,” says Veejay Nakra president of M&M’s automotive division.

Adani TotalEnergies is a JV between Indian conglomerate Adani and French oil major TotalEnergies formed to develop renewable power projects in India. 

Atel is already developing a network of 200 EV charging points in the Delhi area. The firm also operates networks around Udaipur and in a handful of other Indian cities. 

M&M sells a range of ICE and e-SUVs in India. The firm sold over 250,000 SUVs in 2023 and aims to achieve a 20-30pc mix of BEVs in its total sales by later this decade. 

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India currently has just over 12,000 EV charging stations.

The country will need at least 1.32mn stations by 2030 to facilitate the rapid adoption of EVs, according to a report released by the Confederation of Indian Industry last year.

The report projected that approximately 106mn EVs will be sold every year by 2030.

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