Telangana builds four clusters to facilitate e-mobility
India’s Telangana state government announced Monday that it will establish the Telangana Mobility Valley around the state capital, Hyderabad, to facilitate research, development and manufacturing of electric vehicles (EVs), including electric two-wheelers and three-wheelers.
according to Times of India, Telangana Mobility Valley (TMV) project includes four large clusters in the state. Yenkathala engineering and innovation cluster. Two EV manufacturing clusters in Zaheerabad and Seetharampur and one energy storage cluster in Divitipally.
According to the state government, TMV could attract INR 500 billion (US$6 billion) in investment from industry players.
Amara Raja Batteries Limited (ARBL), a local manufacturer of automotive and industrial lead-acid batteries, has announced plans to invest INR 95 billion to set up a lithium-ion battery factory in Mahbubnagar city in December 2022.
Other suppliers investing in the project are reportedly Olectra, Mytrah, Gravton, PureEV, One Moto, Etrio and Eto Lite. Times of India.
As reported by other Indian media sources in May 2022, Hyundai Motor Group will become a stakeholder and consortium partner of Mobility Valley with an investment of INR 14 billion. Hyundai did not respond or comment on the investment when contacted by DIGITIMES Asia via email.
Asian light news Bosch Global Software Technologies has reported that it will hire up to 3,000 employees to develop AI and safety solutions for e-mobility in Telangana. Also his Fisker, a US-based EV startup, where he established an R&D center.
https://www.digitimes.com/news/a20230208VL205/india.html?chid=13 Telangana builds four clusters to facilitate e-mobility