Erisha E Mobility signs $830 million MoU with Gujarat for green hydrogen & EV park

Erisha E Mobility Private Limited and the Government of Gujarat have signed an MoU under which the two entities will collaborate to explore, develop, and implement innovative solutions in the field of renewable energy. The efforts will specifically focusing on Green Hydrogen production and to establish an Electric Vehicle (EV) Park. The agreement will look to deploy 100 state-of-the-art EV charging hubs across Gujarat with the mega investment of $830 million.

Erisha E Mobility, that claims to be pioneer in sustainable energy and electric vehicles, held that the MoU is set to reshape the future of mobility in India. The MoU was formalized in the presence of Chief Minister Bhupendrabhai Patel and Dr. Darshan Rana, Chairman and Managing Director, Erisha E Mobility Private Limited.

Dr. Darshan Rana, CMD, Erisha E Mobility Private Limited said, “We are excited to partner with the Gujarat Government in their mission to accelerate the adoption of electric vehicles. Our expertise in electric mobility solutions, combined with the government’s commitment to sustainability, will undoubtedly create a positive impact on the environment, accelerate the adoption of Green Hydrogen and drive economic growth.”

Erisha E Mobility said that the Electric Vehicle (EV) Park proposed in 320 acres with the investment of $180 million, is poised to become a hub for innovation, research, and development in the field of electric mobility. It will provide a platform for Electric Vehicles manufacturing, ancillary units set up, technology providers, and researchers to collaborate, fostering the growth of the electric vehicle ecosystem in Gujarat.

Erisha E Mobility is also committed to generate the employment of 5000 persons direct plus indirect.

Additionally, the project aims to establish a robust charging infrastructure with the installation of 100 Electric Vehicle charging hubs with the proposed investment of $50 million. This network will ensure convenient access to charging facilities, facilitating the adoption of electric vehicles.