New Delhi, Jan 14: Electric commercial vehicle startup EVage on Friday said it has raised USD 28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital. The funding will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production, the company said. EVage supplies EV trucks to major delivery fleets, such as Amazon India’s delivery service partner. “The money would be essentially used for ironing out and developing the supply chain […]
The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF – TechCrunch
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eCommerce majors strive hard to meet EV goal in India
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