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India

Fiem Industries, India updates about its EV business, and Capex

On June 1, Fiem Industries Limited announced that their order book currently stands at INR 9.5 billion. They have a strong presence in the EV segment, with close to 28 customers. They have already started production for one model of Hero Group, and they will commence production for Hero's new model (ICE) in the first....

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