eMatrixmile and Magenta signs MoU to develop 10000 EV charging infrastructure

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of ‘QYK POD’ charging stations with associated infrastructure & stations in Mumbai, MMR and Maharashtra region.

The alliance comes in the framework to install around 10,000 electric charging stations across India in sustained phases.

Aiming to create greater synergy between the two organizations and to provide electric charging infrastructure initially in the Mumbai, MMR and Maharashtra region and later on a nationwide level.

With the vision to empower the people across the nation and to create a model shift in the electric mobility industry by making, the urban commute more efficient and eco-friendlier.

eMatrixmile has launched QYK POD technology-driven mobility platform that enables Integrated Urban Mobility across public and private modes of transport with the help of Micro Mobility Vehicles (MMVs) a mobile app enabling first and last-mile connectivity that is seamless, shared, and sustainable.

The company in a statement said “eMatrixmile is focused on growing the EV Charging infrastructure in India. The MoU signed will help us to achieve our mission and help us grow in the long run by bringing the right solutions together i.e. the amalgamation of the technological prowess of the Magenta team along with our business models. This is our first step towards deploying innovative EV solution and we look forward to developing a sustainable ecosystem with our business partners”

Maxson Lewis, MD of Magenta, said: “In eMatrixmile, we found a company which was as aggressive as ours in deploying charging infrastructure. This EV industry requires a collaborative approach and we are happy to announce this agreement with eMatrixmile India Pvt Ltd.”

It is worth noting that both the companies have not revealed details about these charging stations and if they will source power from the renewable energy sources.