Cargo Matters signs MoU with Andhra Pradesh for ₹100 crore EV manufacturing and charging hub
By Eve
Cargo Matters has signed a memorandum of understanding with the Andhra Pradesh government to establish an EV manufacturing and charging infrastructure hub valued at ₹100 crore. The project will combine vehicle production with charging network deployment in the Indian state. Details were reported by ACKO Drive via Google News.
Why it matters
The MoU signals a combined manufacturing and charging infrastructure investment in Andhra Pradesh, potentially creating procurement opportunities for charging equipment suppliers and site development contractors. The ₹100 crore commitment reflects growing state level support for integrated EV ecosystem projects in India.
Source
- Source
- ackodrive.com
- Original title
- “Cargo Matters Signs MoU With Andhra Pradesh Government For ₹100 Crore EV Manufacturing & Charging Hub”
- Published
- 12 March 2026 (date approximate)
- Updated
- 16 July 2026
- Also covered by
- Google News
In this story
- Topic
- EV Charging
- Place
- India
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