📋 Tender Overview
Scope : To Set up a Smart Electric Vehicle (EV) Park in Gujarat
Atulya Mittal-founded electric mobility firm Nexzu Mobility has proposed to set up a smart EV Park in Gujarat and plans to invest Rs 5,000 crore in the project over the next 10 years. Nexzu Mobility has signed an initial pact (MoU) with the state government for this purpose.
The work on the proposed project is set to begin next year once land has been allotted to the company.
Nexzu Mobility will invest Rs 5,000 crore over the next 10 years to set up the smart EV park in Gujarat, which is expected to generate employment for over 5,000 people.
The proposed park will serve as hub, provide comprehensive solutions for Electric Vehicle (EV) companies, professionals, owners, and users by enabling an ecosystem in a concentrated area and infrastructure sharing, among others.
The proposed Smart EV Park will be an industrial park with ready to move in manufacturing facilities, common testing facilities, common R&D units, housing, educational and healthcare facilities.
It will also include facilities designed to train professionals on the latest in electronics, battery manufacturing, powertrains and other EV components.
The Smart EV Park, a kind of an EV City, will provide a big boost to the development of the overall EV ecosystem.
This is a first-of-kind development in the Indian EV ecosystem and has the calibre to transform the EV landscape in the country.
At this hub, they will provide support to OEMs manufacturing commercial as well as passenger vehicles across segments, along with battery manufacturers.
The EV Smart Park will also support start-up entities who have a vision and technology, but lack infrastructure or mechanical engineering and operations expertise required to kickstart their operations.
