Bengaluru-based EV startup Pravaig Dynamics signs pact for EV plant in Saudi
Bengaluru-based electric vehicle (EV) startup Pravaig Dynamics has signed a memorandum of understanding (MoU) to explore setting up a left-hand drive EV manufacturing unit in Saudi Arabia. the unit will have a capacity of up to one million vehicles to cater to demand in the Gulf, Europe, and the US.
In a statement, the company said the MoU was signed by its chief executive Siddhartha Bagri and Mansour Alsanooni, CEO of Saudi India Venture Studio, on the concluding day of the G20 YEA India Summit 2023 last week.
