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India

Yulu Bike, India signs MoU with Karnataka Government for EV deployment

On November 2, Yulu entered an MoU (memorandum of understanding) with the Government of Karnataka and announced investing INR 12 billion in deploying a fleet of 100 thousand electric vehicles (EV) and operationalizing the largest EV battery charging and swapping infrastructure in the state over the next five years. I....

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