eMatrixmile, Magenta to Develop 10,000 EV Charging Infrastructure Pan India

HPCL, Shell, and Microsoft-backed Magenta Group’s EV arm Magenta EV Solutions Pvt Ltd has signed a Memorandum of Understanding (MoU) with eMatrixmile India Pvt Ltd for installation and commissioning of 'QYK POD' charging stations with associated infrastructure and stations in Mumbai, MMR and Maharashtra region.

As per the MoU, the two companies will install around 10,000 electric vehicle charging stations on pan India in sustained phases.

To begin with, the two organizations will provide EV charging infrastructure initially in the Mumbai, MMR and Maharashtra regions 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 user-friendly mobile app enabling first and last-mile connectivity that is seamless, shared, and sustainable.

Mumbai-based eMatrixmile envision providing sustainable and on-demand transportation solutions through its Rental EV scooters – QYK, a business model redefining smooth, shareable mobility options. It also aspires to be the nation's largest Dock Station Mobility Company and will be providing a multi-model fleet of classic electric scooters, electric bicycle, electric auto rickshaws network to over 50 cities by the year 2021. 

The company statement read as “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.”

Commenting on the development, 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.”