India's electric vehicle sector expands with new factory - Energy

The electric vehicle sector in India is witnessing a new expansion; The Indian company BMI announced that it intends to establish its largest plant in India with an annual production capacity of 2,500 vehicles in Chakan in the state of Maharashtra.

The company plans to become one of the most important manufacturers of electric vehicles in the world, in light of the global shift towards the use of clean cars, which plays an important role in the green transition.

The demand for electric vehicles is increasing, with many countries in the world heading to ban the sale of new cars that run on fossil fuels within 8 years from now, to reduce carbon emissions, in which the transportation sector plays a major role.

new factory

The facility, whose cornerstone was laid on Friday, May 13, will comply with all green building standards and be operational by August 2023.

The company did not disclose the investment value of establishing the factory, which is built on an area of ​​35 acres and provides job opportunities for about 1,500 people.

Electric vehicles in India
Electric bus of India’s BMI

BMI has a manufacturing facility in the Indian capital, New Delhi, that can produce approximately 1,500 electric buses annually.

New Delhi has an ambitious plan to become the electric car capital of the world, with India set to achieve carbon neutrality by 2070.

With the opening of the new plant, BMI’s manufacturing capacity will reach 4,000 electric trucks, according to the local newspaper, The Economic Times.

The company said that the new facility will be able to manufacture multiple types of commercial electric vehicles, in addition to trucks.

made in India

BMI Commercial Director Satish Kumar Jain said: “It gives us great pride to have laid the foundation stone for the second phase of our growth journey, with our new plant in Poona, it will help us move closer to our dream of becoming a leading player in electric vehicles. Globally, with participation in the Made in India and Made for India initiatives.

India plans to convert 80% of two-wheeled bicycles and 30% of all private cars to electric vehicles by 2030, and aims to convert 70% of all commercial vehicles and 40% of buses to electric by the end of the current decade.

Jain emphasized that commercial vehicles powered by clean energy will play a key role in sustainable mobility.

Electric vehicles in India
A BMI bus (Image via mercomindia)

He added that his company wants to contribute strongly to the future growth of this sector, and to achieve the sustainability goal set by the Indian government.

The strategic location of the new plant allows access to the port of Nhava-Sheva; In addition to supply chains in Pune, he also assists the company in meeting the needs of major markets in the western, central and southern parts of the country in the states of Maharashtra, Gujarat, Karnataka, Madhya Pradesh among others.

The company said that the plant is being designed to host the right mix of the latest technologies and efficient manufacturing practices, to ensure the best quality and best labor productivity.

BMI has entered into a collaboration with the Chinese vehicle giant, Foton, to design environmentally friendly commercial mobility solutions.

Founded in 2017, the company claims to be the only original equipment manufacturer of all three models of standard, medium and mini buses in the country.

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