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Mercury EV-Tech, India acquires 65% stake in Altius EV Tech for electric motorcycles

On April 13, Mercury Ev-Tech Limited announced that its board had approved the acquisition/purchase of a 65% stake in Altius EV Tech Private for a total consideration of INR 65 thousand.
Mercury Ev-Tech is a Vadodara-based company and is engaged in the manufacturing of electronic vehicles while Altius EV Tech is in t....

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