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The acquisition is a part of the company's global ambition towards being a leader in the EV charging ecosystem, a market which is already valued at USD 20 billion and expected to cross USD 200 billion by 2030, Gulf Oil Lubricants said in a statement.
Gulf Oil Lubricants: The acquisition is a part of the company's global ambition towards being a leader in the EV charging ecosystem, a market which is already valued at USD 20 billion and expected to cross USD 200-billion by 2030, it stated.
Gulf Oil Lubricants India Ltd to acquire controlling stake in Tirex Transmission equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Gulf Oil Lubricants: This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market valued at USD 20 billion and expected to cross USD 200 billion by 2030. The investment in Tirex will enable Gulf towards a synergistic end-to- end play in the global EV charging ecosystem, the company said.
Gulf Oil shifts gears with a controlling stake in Tirex Transmission, a leading DC Fast Charger Manufacturer for Electric Vehicles bilkulonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bilkulonline.com Daily Mail and Mail on Sunday newspapers.