The investment aims to revolutionize sustainable transport in the state, aligning with India's growing EV industry, which is currently valued at USD 3 billion and expanding at an 18 per cent CAGR.
As part of this initiative, EaseMyTrip is investing Rs 200 crore over the next 2-3 years in research and development (R&D), product development, and setting up a manufacturing plant for electric vehicles (EVs).
According to an official release, "World's leading commercial vehicle manufacturer, Ashok Leyland, will set up an electric bus manufacturing unit in Uttar Pradesh. The MoU was signed in this regard between Ashok Leyland and the Government of Uttar Pradesh in a program organized in the presen
Mumbai (Maharashtra) [India], July 28 (ANI): Electric vehicle manufacturing firm Olectra Greentech Limited (Olectra) on Thursday reported standalone revenue from operations of Rs 304.7 crore for the quarter ended 30th June 2022, as against Rs 41.2 crore recorded in the corresponding period o
Hyderabad (Telangana) [India], January 29 (ANI/PRNewswire): Electric mobility leader and pioneer in electric bus manufacturing, Olectra Greentech Limited (OGL) and Evey Trans Private Limited (EVEY) has received the letter of award from Pune Mahanagar Parivahan Mahamandal Ltd for 350 electric