The MOU outlines a collaborative effort to explore, develop, and implement innovative solutions in the field of renewable energy, specifically focusing on green hydrogen production. It also sets out plans to establish an electric vehicle park and deploy 100 state-of-the-art EV charging hubs across Gujarat with an investment of US$830m.
The EV park proposed in 320 acres with an investment of US$180m, is poised to become a hub for innovation, research, and development in the field of electric mobility. It will provide a platform for EV manufacturing, ancillary units set up, technology providers, and researchers to collaborate, fostering the growth of the electric vehicle ecosystem in Gujarat.
Additionally, the project aims to establish a robust charging infrastructure with the installation of 100 EV charging hubs with an investment of US$50 million. This network will ensure convenient access to charging facilities, facilitating the adoption of electric vehicles.
With European partners in the field of green hydrogen, Erisha E Mobility envisages an investment of US$600 million in the establishment of an ecosystem for green hydrogen using renewable resources of energy.