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MG Motor India to provide grant to EV charging solutions provider Driftly Electric

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Press Trust of India New Delhi
Last Updated : Mar 13 2020 | 5:48 PM IST

MG Motor India on Friday said it has shortlisted Driftly Electric, a smart EV charging solutions provider, under its developer program and grant for support.

Launched in January 2020, Driftly will receive grant to further expand its services through a peer-based ecosystem approach.

The start-up helps electric vehicle (EV) owners to find nearby charging points through a multi-platform app by connecting EV users to charging points set up by private individuals, MG Motor India said in a statement.

The charging point owners can earn revenue as users come to charge their EVs. This helps in easier monetisation for owners of EV charging points, thus bridging a major need-gap in the Indian EV market.

Commenting on the development, MG Motor India President & Managing Director Rajeev Chaba said, "Through this grant, we are looking forward to supporting its growth, as it is in sync with our long-term vision of catalysing India's nascent EV market by creating an end-to-end and well-integrated charging ecosystem."

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First Published: Mar 13 2020 | 5:48 PM IST

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