Mumbai based rooftop solar player and EV charging solutions provider Magenta Power has opened an R&D centre in Maharashtra that will focus on futuristic technologies in the field of electric vehicles, charging supply equipment and smart data analytics.
The new facility will help Magenta Power increase production rates and speed up time-to-market for AC and DC chargers for two-, three- and four-wheeler vehicles as it aims to set up 500 EV charging stations across India by the end of 2020.
In sync with Magenta’s Make in India vision, the R&D facility will house three automation labs to ensure EV charger design and development as per the international quality and safety standards for cells and battery packs, rapid prototyping, and reliability and environmental tests with latest and sophisticated test instrumentation and advanced design tools.
Speaking on the occasion, Magenta Power director Maxson Lewis said, “The investment in this new R&D centre demonstrates Magenta’s commitment to technological leadership and setting the standard when it comes to sustainable mobility. The Centre is uniquely placed in the heart of Mumbai, to ensure we can work with the industry to accelerate the development of new EVs and the next wave of charging infrastructure needed to power India’s future.”
“We are glad to take this step together. Magenta’s R&D centre testifies its contribution to the EV infrastructure space and advances its market leading position. HPCL has always backed Magenta, as we see tremendous potential and growth opportunity to build a stronger EV ecosystem for India,” added Kushal Banerjee, General Manager-Business Development at state-owned Hindustan Petroleum Corporation Ltd (HPCL)—a strategic investor in Magenta Power as it looks to expand its EV infrastructure in India.
Established in 2017, Magenta Power has been revolutionizing the EV space with launch of India’s first EV portable charging station for offices and homes, ChargeGrid App for network of charging stations for EV charging, first solar based electric vehicle charging station in Maharashtra, etc.