Lucknow, June 17 -- The Uttar Pradesh State Industrial Development Authority (UPSIDA) will develop an EV park over 500 acres near Bhimsen, along the dedicated freight corridor, in Kanpur, under the Kanpur Metropolitan Development Vision - 2030. With an estimated cost of Rs 700 crore, the project will be executed under a Public-Private Partnership (PPP) model. The primary objective of the EV park is to strengthen the local supply chain for electric vehicles and promote indigenous manufacturing. The park will house units for manufacturing electric motors, chassis, steel parts, and lithium-ion cells. Facilities for assembling lithium-ion batteries, chargers, controllers, and electronic components will also be established, said UPSIDA on Monday. A dedicated research and development centre will be a vital part of the project, driving innovation and facilitating advanced product development. Alongside the park, an integrated EV components cluster is being developed to support small and medium enterprises (SMEs) in producing parts and components....