Indian Startup Mints $28 Mn In Seed Funding To Manufacture Electric Vehicles
Electric Vehicle Indian Startup EVage has raised a whopping sum of $28 Million in seed funding from RedBlue Capital. It aims to supply Electric Vehicles to Indian logistics companies. The company will produce automobiles in leveraging proprietary hardware and 'Modular micro-manufacturing' factories. It will use the funding to complete its 'production-ready' factory outside Delhi and boost up production. Reportedly, EV sales accounted for 1.3… read-more
Tags: Electric Vehicles, Indian Startups, EVage, funding, Automobile
Courtesy: Inc42