UP Govt Announces New EV Manufacturing And Mobility Policy 22
With the aim of making Uttar Pradesh, EV manufacturing unit hub, the Uttar Pradesh Government announced the New Electric Vehicle Manufacturing and Mobility Policy, 2022. Issued on October 12, the new policy will promote faster adoption of clean mobility solutions, creating a conducive ecosystem. It will also provide a three-pronged-incentive regime, benefits for those purchasing, manufacturing and seller of batteries and related components… read-more
Tags: Electric Vehicle, UP government, New Policy, Manufacturing Unit, Automobiles
Courtesy: Press Trust of India
US Based Biliti Electrics Set To Establish World's Largest Unit In Hyderabad
US-based Biliti Electrics announced to establish its unit in Hyderabad, Telangana, with an investment of $150 million, on April 19. Notably, spread across 200 acres of land, the unit in Hyderabad will provide 3,000 jobs to locals, and will produce 2,40,000 three-wheelers, in a year. Led by Biliti CEO Rahul Gayam, the unit will be operational in 2024. Currently, the company manufactures vehicles in partnership with Hyderabad-based GVM.
Tags: Biliti Electrics, Three Wheeler, California, Hyderabad, Manufacturing Unit
Courtesy: Frontline Hindu