Mecwin India to set up EV component manufacturing facility at Bengaluru
To be built at an investment of Rs. 50 crore, the state-of-the-art plant will cater to the growing demand for indigenous mid drive and hub motors along with controllers from the fast-growing EV OEMs in India. From $1.4 billion in 2021, the Indian electric vehicle market is expected to exceed $15 billion by 2027, projecting […]
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