Gurugram- Uno Minda Limited., has recently forged a technical license agreement with StarCharge Energy of China. StarCharge Energy is renowned for its expertise in electric vehicle (EV) charging infrastructure and micro-grid solutions, operating across 67 countries and boasting manufacturing facilities in key markets such as Vietnam, China, and the USA.
This collaboration marks Uno Minda's strategic move into the realm of Electric Vehicle Supply Equipment (EVSE), facilitated by the partnership with StarCharge Energy. The focus lies on manufacturing and distributing EV charging solutions tailored for the passenger vehicle market in India. The envisioned EVSE portfolio primarily encompasses wall-mounted AC chargers, designed for seamless home charging convenience, often bundled with EV purchases.
The rationale behind this initiative stems from the burgeoning demand for EVs globally. As per the International Energy Agency, a significant portion of EV charging occurs at home or workplace rather than through publicly accessible chargers. Recognizing this trend, Uno Minda Group, in tandem with StarCharge Energy, endeavors to redefine home charging solutions, thereby catalyzing the adoption of cleaner and swifter mobility solutions across India.
Nirmal Minda, CMD of Uno Minda Group, expressed pride in expanding the company's EV portfolio into the passenger vehicle segment through this collaboration. He underscored Uno Minda's longstanding commitment to understanding and localizing emerging automotive technologies in India. The partnership aligns seamlessly with the ethos of 'Make in India' and furthers the nation's transition towards sustainable and electrified transportation.
Shao Danwei, Chairlady of StarCharge, echoed enthusiasm for the partnership, emphasizing the immense potential for EV adoption in India and the consequential opportunities in home charging solutions. Leveraging StarCharge's global leadership in EV charging and Uno Minda's local expertise, the alliance aims to develop competitive and user-centric solutions tailored for the Indian market.
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