Talegaon plant to produce electric three-wheelers for last-mile delivery and passenger transport; 1,250 jobs to be generated
The Government of Maharashtra signed a MoU with Causis E-Mobility Pvt. Ltd. for the setting up of a zero-emission EV manufacturing facility in the State, making it the first big-ticket investment under the recently announced Maharashtra EV Policy 2021.
The MoU signed with Causis E-Mobility Pvt. Ltd., a JV of UK-based Causis Group, is set to transform Maharashtra into a leading State in terms of adoption of electric vehicles in the country. The Government of Maharashtra had unveiled a comprehensive Electrical Vehicle Policy in July 2021, to stimulate manufacturing of Battery Electric Vehicles in the State.
“Taking our commitment to make Maharashtra the lead State in Electric Mobility in India, GoM & MIDC have signed an MoU with Causis E-Mobility to set up an EV production unit in Talegaon. The investment of ₹ 2,800 cr will generate 1,250 employment opportunities and will help in climate action,” Shri Aaditya Thackeray, Hon’ble Minister for Environment, Tourism and Protocol, Government of Maharashtra, said.
The MoU for the phase 1 unit at Talegaon, Pune, was signed in the presence of Shri Aaditya Thackeray, Shri Subhash Desai, Hon’ble Minister for Industries, Government of Maharashtra, Smt. Aditi Tatkare, Minister of State for Industries, Government of Maharashtra, Mr. Peter Kenz, Chairman, Causis Group, Mr. RAM Tumuluri, Founder & Director, Causis Group, Mr. B.S. Chaddha, Chairman, JV Company and others.
In Phase two, Causis E-Mobility Pvt. Ltd. will set up its own battery Giga factory in Maharashtra to manufacture and supply EV batteries.
Under the Maharashtra EV Policy 2021, the State has drawn up a roadmap to bring in a transition in the transportation ecosystem of Maharashtra that is aimed at attracting investments, facilitating the establishment of manufacturing units, and encouraging the production of electric vehicles, electric vehicle components including Advance Chemistry Cell (ACC) batteries and electric vehicle supply equipment (EVSE).
Maharashtra’s second capital, Nagpur is the first city in India to pilot electric mass mobility with a fleet of 200 electric vehicles. With the use of one electric car saving an average 1.5 million grams of CO2, the equivalent of four return flights from Mumbai to Delhi, the Maharashtra EV Policy 2021 is also showing the way for cleaner streets making our towns and cities a better place to be for pedestrians and cyclists.
In order to stimulate manufacturing of electric vehicles in the State, the new EV Policy provides elaborate incentives that are spread across three broad categories – supply side, demand side and special incentives for EV Charging Infrastructure.