India Under the EV Policy, Maharashtra receives a $2,823 million investment for a vehicle manufacturing facility. “The ₹2,800 crore investment will create 1,250 job opportunities and contribute to climate action,” said Shri Aaditya Thackeray, Hon’ble Minister for Environment, Tourism, and Protocol, Government of Maharashtra.
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Softbank leads a $200 million funding round for Ola Electric, which is worth $3 billion.
Business The funding round, according to Ola Electric, will help it accelerate development of other vehicle platforms, such as an electric motorbike and a mass market scooter.
