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Tube Investments of India, a Murugappa Group subsidiary, is set to expand its presence in the electric vehicle sector with upcoming launches including three-wheeler cargo, rickshaw, tractors, and four variants of electric heavy commercial vehicles. The co
ETO Motors collaborated with Uber. The collaboration aims to develop a sustainable and efficient electric mobility solution for urban transportation.
Omega Seiki Mobility and Kissan Mobility join forces for eco-friendly last-mile delivery in India. The partnership involves deploying 500 electric three-wheelers by June 2024, marking a significant step towards sustainable logistics. With a focus on appli
Mahindra Last Mile Mobility Limited, a subsidiary of Mahindra & Mahindra Ltd., oversees the last-mile mobility business, including popular three-wheeler brands like Alfa, Treo, and Zor, as well as the four-wheeler SCV (Jeeto) brand.
This is IFC's first investment in domestic EV manufacturing and the first in electric three-wheelers internationally. The investment will be made in one or more instalments of up to Rs 6,020 crores in the form of required convertible instruments.
