GreenCell Mobility to invest ₹1,500 crore to double EV buses supply in India

EverSource Capital promoted GreenCell Mobility is looking to invest Rs 1500 crore in the next one year to more-than-double the number of electric buses it deploys on Indian roads.

GreenCell Mobility – an electric mobility as a service platform – will put on road an additional 1200 e-buses both for intra and inter-city travel and set up the supporting charging infrastructure required to expand operations in the country. GreenCell sources the electric buses through a contract manufacturing basis from vendors.

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