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Electric Vehicle Info
on August 3, 2021
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Simple Energy to invest over Rs 350 cr in India in next two years
#Simpleenergy #EV #Startups #Emobility #India
Electric two-wheeler maker Simple Energy on Tuesday said it plans to invest over Rs 350 crore in the next two years to expand its presence in India, including setting up a manufacturing unit.
The Bengaluru-based firm said it is setting up a plant in Tamil Nadu's Hosur, which will have an annual production capacity of 10 lakh units in the initial phase.
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