The joint venture will promote the adoption of EV charging infrastructure in the Indian subcontinent
Enel Group’s advanced energy solutions business Enel X has entered into a joint venture with Sterling and Wilson (SWPL) for the e-mobility market in India.
Expected to be incorporated on 1 April 2021, the joint venture will start operating from the second quarter of 2021.
It will be aimed at speeding up the electric vehicle (EV) uptake in the Indian subcontinent, by targeting private and public EV charging infrastructure.
To promote the adoption of EV charging infrastructure in the region, the joint venture will leverage Enel X’s technological know-how and e-Mobility experience as well as the engineering, operations and deployment expertise of SWPL.
The joint venture will market and distribute solutions that are customised to the needs of India. The solutions will include JuiceBox and JuicePump, which have been licenced by Enel X.
With Enel X’s charging infrastructures’ back-end platform, the joint venture will also contribute to the spread of connected charging infrastructures and technology.
Enel X CEO Francesco Venturini said: “This partnership represents an important step forward in our energy transition strategy. We are leading the spread of electric mobility in several global markets, including Europe and North America and we are thrilled to work with Sterling and Wilson, marking our entry into the Indian market.
“Joining forces allows our teams to leverage our extensive market knowledge and technical experience, helping to deliver effective results, as well as making important steps towards a clean and sustainable future.
“We will support the JV by bringing electric mobility solutions to market that are fit for local needs, accessible, and convenient for all drivers, significantly contributing to the decarbonization of the transport sector across India and subsequently South East Asia.”
India has joined the global electrification trend and has been supporting policies since 2019. Recently, the country has updated the Charging Infrastructure for EV Guidelines.
Enel X is engaged in driving the creation of public and private charging infrastructure to overcome usage barriers.
In December last year, the company announced that it EV charging network expanded to more than 90,000 public charging points available to users of its JuicePass app across Europe.