MG Motor shrinks drift electric to enable the EV start-up ecosystem under its developer program and grant

SAIC-owned MG Motor India on Friday announced that it has shortlisted a smart EV charging solution startup launched in January 2020 with the aim of supporting the innovative concept in the automotive space under its developer program and grant .

The company said in a release, to help EV owners charge connecting points with users, helping EV owners find charging points through a multiplier application.

Owners of charging points can earn revenue as users come to charge their EVs. This helps in easy monetization for owners of EV charging points, thus meeting a major requirement-gap in the Indian EV market.

Speaking on the partnership, Rajiv Chaba, Chairman and Managing Director, MG Motor India said, "The objective behind the MG Developer Program and Grant is to accelerate the development and support of the Smart Mobility ecosystem in the Indian automotive landscape by bringing innovative ideas. . Front solution. We are happy to dynamically shortlist and support, which will help in the expansion of EV infrastructure in India. '

Chaba continued, "Through this grant, we look forward to supporting its growth, as it is our long-term catalyst to catalyze India's nascent EV market by creating an end-to-end and well-integrated charging ecosystem." Vision. " Keeping pace with

On the occasion, Drift Electric co-founder Sneha Roy said, “We are happy as a major automotive player like MG Motor India working towards strengthening the EV ecosystem in the country. Have seen our possible concept. "

The carmaker claims to have received over 300 applications on its website and plans to shortlist more start-ups based on further grant money.

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