MG Motors To Help Improve EV Startup Ecosystem In India

Last Updated on October 12, 2022 by Anu Joy

As the nation strives to generate 50% of its installed electricity capacity from non-fossil sources by 2030, MG Motors India launched the fourth edition of their Developer Programme and Grant (MGDP) this week. The project aims to accelerate, mentor, and incubate innovative Indian startups in the field of electric mobility.

Over 830 auto-tech startups submitted entries for the programme’s prior three editions. Out of them, MG and its consortium members identified, supported, and mentored 180 companies, including Koinearth, Electreefi, Voxomos, Redbot Technologies, and Mihup. The automaker has teamed up with Invest India and Startup India as lead partners for the fourth iteration of the Grant, Jiobp, Exicom, Fortum, CESL, Attero, MapmyIndia, and Bosch as technology partners.

The MG Developer Programme Grant for this year will concentrate on subjects such as charging infrastructure, fleet management, electric components, electric batteries, green energy solutions, managing the life cycle of EV batteries, connected car solutions, and battery-as-a-service (BaaS).

At the announcement of the grant, Rajeev Chaba, President, and Managing Director of MG Motor India said, “MGDP Season 4 aims to facilitate a positive change in the industry by creating a space for EV innovators from across the country to collaborate and develop novel solutions. This is a platform that seeks to unite the best brains of the industry to come together and innovate ideas that have the potential to change the EV landscape.”