BII bullish on Indian EV ecosystem, expects to invest $300 mn in 3 yrs: MD
British International Investment, UK's development finance institution, is betting big on the Indian electric vehicles ecosystem and expects to invest another USD 300 million in the next three years, according to its MD and Head of Technology & Telecoms, Abhinav Sinha. The company, which has backed Mahindra group's electric vehicles (EV) arm besides other startups like Euler Motors, Turno and Battery Smart, has already invested around USD 300 million in the Indian EV sector and sees further investment opportunities in EV manufacturing... Читать дальше...