Gensol to acquire majority stake in US based EV startup - Updates
India Climate Startups Update
Gensol to acquire majority stake in US based EV startup
The aim behind the acquisition appears to be to produce about 12,000 electric cars in India annually.
Notes by Narsi
Wondering why they are doing it through Gensol and not BluSmart which is run by the same group. I reckon the Jaggi brothers know a thing or two I don't - smart fellows!
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