{"id":453187,"date":"2021-12-01T12:16:12","date_gmt":"2021-12-01T06:46:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=453187"},"modified":"2021-12-01T12:16:12","modified_gmt":"2021-12-01T06:46:12","slug":"greaves-electric-mobility-looks-to-expand-its-presence-in-indias-electric-two-wheeler-and-three-wheeler-segments","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/greaves-electric-mobility-looks-to-expand-its-presence-in-indias-electric-two-wheeler-and-three-wheeler-segments\/","title":{"rendered":"Greaves Electric Mobility looks to expand its presence in India&#8217;s electric two-wheeler and three-wheeler segments"},"content":{"rendered":"<p>Greaves Electric Mobility \u2013 the e-mobility arm of engine manufacturer Greaves Cotton Limited \u2013 is in talks with investors to raise resources to expand its presence in the country\u2019s fast-growing electric two-wheeler and three-wheeler segments.<\/p>\n<p>Greaves Cotton Managing Director and Group CEO Nagesh Basavanhalli told ET the group has received interest from multiple entities. \u201cWe saw opportunity early in the electric mobility space, diversified from our core engine manufacturing business and invested in introducing products, increasing distribution, onboarding requisite talent to grow our business in the segment. We are in talks with financial investors to fund the next phase of expansion,\u201d said Basavanhalli, without specifying the quantum of investment the company is looking to raise. An agreement is likely to be inked in 6-9 months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greaves Electric Mobility \u2013 the e-mobility arm of engine manufacturer Greaves Cotton Limited \u2013 is in talks with investors to raise resources to expand its presence in the country\u2019s fast-growing electric two-wheeler and three-wheeler segments. Greaves Cotton Managing Director and Group CEO Nagesh Basavanhalli told ET the group has received interest from multiple entities. \u201cWe saw opportunity early in the electric mobility space, diversified from our core engine manufacturing business and invested in introducing products, increasing distribution, onboarding requisite talent to grow our business in the segment. We are in talks with financial investors to fund the next phase of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-453187","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/453187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=453187"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/453187\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=453187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=453187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=453187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}