Ellysium Automotives launches electric two-wheeler brand EVeium in India
UAE-based META4 Group’s auto arm Ellysium Automotives on Wednesday announced the launch of its electric two-wheeler brand EVeium.
The company said it is planning to launch three ‘Made-in-India’ e-scooters within one month, which will be manufactured at the group’s proposed Voltly Energy manufacturing facility in Zahirabad (Telangana) at a planned investment of Rs 250 crore.
Voltly Energy has recently signed an initial pact with the Telangana government to acquire 15-acre land in Zaheerabad to set up a dedicated manufacturing facility for electric vehicles, which will be functional this year, Ellysium Automotive said in a statement.
