Maharashtra has signed an MoU with Causis E-Mobility Pvt Ltd to set up an electric vehicle manufacturing unit in Talegaon, Pune.
The state government of Maharashtra has signed a memorandum of understanding (MoU) worth ₹2,800 crore with UK based Causis E-Mobility Pvt Ltd to establish an EV manufacturing facility in the state. The state government has planned to set up the EV production unit at MIDC Industrial Phase 5 at Talegaon, Pune. The MoU was signed in the presence of Subhash Desai, Minister of Industries, Aaditya Thackeray, Minister of Environment, Baldev Singh, ACS Industries and IAS, and P. Anbalagan, CEO, MIDC.
“The transition to electric vehicles from conventional fleets requires a planned strategy that not only overlooks the merging of the energy and transportation sector but also enhances the relationships between consumers and vehicles,” an MIDC press release noted.
This was the 59th MoU signed by the Maharashtra government and is projected to create 1,250 jobs. A total of Rs 1.67,762 lakh crore has been invested through MoUs, as the government aims to make the state a hub for electric vehicles and battery manufacturing.
Causis is now aiming to make another EV battery supply Gigafactory in Maharashtra, the first being planned in the UK. With this, Mumbai, Pune, Nagpur, Aurangabad and Nashik will have 25 per cent EV share in public transport.
