India’s leading EV charging solutions provider Magenta Power Private Limited, has recently launched its first R&D Centre at Navi Mumbai in Maharashtra state. The new facility will help increase production rates and allow for much faster time-to-market, for the AC and DC charger for 2W, 3W and 4-Wheeler Vehicles. The company aims to set up 500 EV charging stations by the end of 2020.
Location: Navi Mumbai Maharashtra
Estimated Value (Rs. Cr): NA
Sector: R&D Centre
Project Stage: Completed