The Government of Maharashtra has recently given its approval for two major projects aimed at advancing electric vehicle (EV) manufacturing in Pune. These initiatives include an Electric Vehicles and Batteries manufacturing project and an electric and hydrogen fuel-operated buses manufacturing project. The decision was made during a cabinet meeting held in Mumbai, showcasing the state government’s commitment to promoting sustainable mobility solutions.
Gogoro India Pvt Ltd, a subsidiary of Taiwan-based Gogoro, will invest a whopping Rs 12,482 Crore to establish an Electric Vehicles and Batteries manufacturing project in Pune and Aurangabad. This pioneering project is the first of its kind in India and has been recognized as an “extremely huge project” by government officials. As part of the initiative, Gogoro India will set up 12,000 battery swapping centers across Maharashtra, providing convenient and efficient charging solutions for EV users. The company has also received approval to develop the necessary infrastructure for this ambitious endeavor.
In addition to the EV and batteries project, the Maharashtra government has also given the green light to a Rs 776 Crore initiative in Pune. Pinnacle Mobility Solutions Pvt Ltd will spearhead the manufacturing of electric buses in Pune, utilizing the most advanced technology available in the country. This project holds significant importance as it marks the country’s first venture into manufacturing electric and hydrogen fuel-operated buses, showcasing Maharashtra’s commitment to embracing cutting-edge sustainable transportation options.