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Nexzu Mobility to set up smart EV Park at Rs 5,000 crore in Gujarat

The Business Guardian

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December 24, 2023

In a major boost towards accelerating the development of the overall EV ecosystem, Nexzu Mobility, a sustainable urban transportation solutions provider, will invest

- NIVEDITA MUKHERJEE

Nexzu Mobility to set up smart EV Park at Rs 5,000 crore in Gujarat

INR 5,000 crore to develop India’s first ever smart EV park in the state of Gujarat, in a move that can redefine the country’s mobility landscape. Under the Memorandum of Understanding (MoU) with the Government of Gujarat, the investment in the state over a period of 10 years will go into offering ready-to-move-in manufacturing facilities, common testing and R&D facilities, housing, healthcare and education facilities for workers and their families, warehousing, advisory services and consultation.

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