Hyderabad: Telangana will see investments of Rs 6,000 crore in electric vehicle (EV) manufacturing over the next five years. The investments are based on EV companies’ outlay in manufacturing capacities, mostly in EV components and assembly-line production, followed by investments in battery manufacturing. Emerging clusters in the State such as Chandanvelly-Sitarampur and Divitipalli are drawing […]
This announcement comes on the heels of Ola's Memorandum of Understanding (MoU) with the Tamil Nadu government to invest nearly Rs 2,400 crore towards building this facility.
