Adani Gas, MG Motor Collaborate on EV Charging

Adani Gas, a major player in India’s natural gas market, has taken a significant step towards the electric vehicle (EV) revolution through its subsidiary Adani TotalEnergies E-Mobility (ATEL). On Monday, ATEL announced a strategic partnership with MG Motor India, a leading manufacturer of EVs in the country, targeting to expand India’s EV charging infrastructure.

Enhancing EV Ownership Experience

The partnership will see ATEL setting up 60 kW DC fast chargers, also known as CC2 chargers, at upcoming MG dealerships across India. This will provide MG car owners with convenient and rapid charging options. According to a recent study by McKinsey & Company , nearly 70% of potential EV buyers cite lack of charging stations as a major concern. ATEL’s solution addresses this concern directly, by providing over 6 times faster charging compared to standard AC chargers, significantly improving the ownership experience. Additionally, ATEL will offer a comprehensive solution encompassing the entire lifecycle of the charging stations, including supply, installation, commissioning, operation, and maintenance.

Collaboration for a Sustainable Future

The MoU between ATEL and MG Motor India goes beyond dealership charging. Both companies plan to explore the possibility of integrating public charging stations. While specific numbers haven’t been released, industry estimates suggest the partnership could target integrating dozens of public charging stations across their platforms. This collaborative effort signifies a strong commitment towards promoting sustainable mobility solutions and supporting India’s ambitious goal of achieving 30% electric vehicle penetration by 2030.

Industry Experts Weigh In

The news of this partnership has been met with optimism by industry experts. Analysts believe that such collaborations between established players in the automotive and energy sectors, targeting a combined investment of ₹100 crore or more towards EV charging infrastructure (based on industry trends for setting up charging stations), are crucial for accelerating EV adoption in India. A robust and accessible charging network with over 1,000 stations per 100 km, as envisioned by government think tanks, is widely considered a primary factor influencing consumer decisions towards electric vehicles.

Adani Gas’s Diversification Play

This partnership marks Adani Gas’s foray into the burgeoning EV charging infrastructure sector, estimated to reach a market size of ₹1.9 trillion by 2030 . It represents a strategic move by the company to diversify its business portfolio and capitalize on the growing demand for clean energy solutions.

Looking Ahead

The collaboration between Adani Gas and MG Motor India is a positive development for India’s EV ecosystem. By providing convenient charging options, exploring wider public charging networks, and targeting significant investments, this partnership has the potential to significantly improve the ownership experience for EV users and contribute to India’s clean energy future.

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