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India

Euler motors, India to invest INR 2 billion for electric 3-wheeler capacity expansion

On February 24, Euler Motors announced its plan to invest INR 2 billion to scale up its production capacity to 35,000 vehicles per annum in the next 12 months. The company aims to increase its production capacity to up to 3,000 vehicles units per month by mid-2022. The company currently operates out of its integrated....

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