Scope : To Set up a Electric Two-Wheelers Factory in Southern India
River Mobility plans to raise USD 150 million to steer its expansion plan to set up a new factory in Southern India to make electric two-wheelers. The EV startup is likley to decide by second-half of 2025 and will start construction in 2026.
The investment in the new plant is around Rs 1,000 crore, and it can produce five lakh units per annum in addition to existing units' capacity of one lakh vehicles per annum.
🔍 Key Information
📄
Tender Reference No.
506900625
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Publication Date
05 Aug 2024
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Estimated Value
USD 118842500
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Sector
Energy, Power and Electrical
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Deadline
31 Dec 2027
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Notice Type
Projects
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Location
India
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Contract Duration
3 Years 4 Months 26 Days
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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