+
MG Motor, Epsilon partner for EV charging, battery recycling
ECONOMY & POLICY

MG Motor, Epsilon partner for EV charging, battery recycling

MG Motor India announced that it had entered into a partnership with the Epsilon Group to address EV charging solutions and battery recycling. Within this collaboration, the automaker finalized a Memorandum of Understanding (MoU) with two Epsilon Group subsidiaries - Power EV and LICO. Power EV will focus on providing charging solutions while LICO will handle battery recycling and second-life expertise.

According to the agreement, Power EV will be responsible for developing AC and DC charging solutions for MG's EVs, utilizing Custom Charging technology. MG Motor India stated that Power EV plans to actively engage in the MG charge initiative, which aims to deploy 1,000 charging points in 1,000 days within residential communities and apartments across India. The initiative aims to enhance the existing public charging network by increasing the availability of AC chargers and introducing high-capacity DC charging options.

Regarding battery recycling and certification services, LICO will support MG Motor India in fulfilling its Extended Producer Responsibility (EPR) obligations. MG Motor India's Chief Growth Officer, Gaurav Gupta, emphasized that the collaboration with the Epsilon Group represents a strategic alliance focused on establishing an efficient charging infrastructure. This infrastructure is intended to support a circular economy by offering second-life and end-of-life solutions for batteries.

MG Motor India announced that it had entered into a partnership with the Epsilon Group to address EV charging solutions and battery recycling. Within this collaboration, the automaker finalized a Memorandum of Understanding (MoU) with two Epsilon Group subsidiaries - Power EV and LICO. Power EV will focus on providing charging solutions while LICO will handle battery recycling and second-life expertise. According to the agreement, Power EV will be responsible for developing AC and DC charging solutions for MG's EVs, utilizing Custom Charging technology. MG Motor India stated that Power EV plans to actively engage in the MG charge initiative, which aims to deploy 1,000 charging points in 1,000 days within residential communities and apartments across India. The initiative aims to enhance the existing public charging network by increasing the availability of AC chargers and introducing high-capacity DC charging options. Regarding battery recycling and certification services, LICO will support MG Motor India in fulfilling its Extended Producer Responsibility (EPR) obligations. MG Motor India's Chief Growth Officer, Gaurav Gupta, emphasized that the collaboration with the Epsilon Group represents a strategic alliance focused on establishing an efficient charging infrastructure. This infrastructure is intended to support a circular economy by offering second-life and end-of-life solutions for batteries.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?