River Mobility, India plans INR 10 billion investment for new electric two-wheeler plant

On July 10, River Mobility, an electric two-wheeler start-up, announced plans to establish a manufacturing facility with an annual capacity of 500,000 vehicles. The investment for this project is projected to be INR 10 billion. The company is currently in discussions with Telangana, Tamil Nadu, Karnataka, and Andhra ....

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