BikeWo Green Tech has signed an MoU with Green Drive Mobility to expand electric logistics operations across India. BikeWo intends to invest up to Rs 150 crore, subject to approvals and agreements, supporting fleet expansion, technology integration and infrastructure development.
BikeWo Green Tech plans to build an operating fleet of around 10,000 vehicles in FY 2026-27, backed by a Rs 76-crore preferential warrant issue. The company is expanding into EV leasing, asset ownership and specialised mobility services.
BikeWo Green Tech has signed an MoU with Hyderabad-based Hala Mobility to explore EV fleet deployment and management. The companies plan an initial deployment of around 1,000 vehicles, with an ambition to scale the fleet to 10,000 vehicles over three years.
BikeWo Green Tech Limited has joined hands with Yubhas Renewables to pilot solar-assisted electric three-wheelers aimed at rural and semi-urban mobility. The project envisions training youth as owner-operators, supported by financing under the MUDRA scheme.
BikeWo Green Tech Limited has signed an MoU to acquire a 51% stake in PositiEV Mobility. The proposed partnership aims to build an integrated EV mobility platform, while PositiEV founder Hiten Pal Saklani is expected to become BikeWo's CEO after necessary approvals.
