Electric vehicle startup Mecwin India said it is going to invest Rs 50 crore for setting up a manufacturing plant in Bengaluru for EV motors and controllers.The facility will cater to the demand for indigenous mid drive and hub motors along with controllers from EV original equipment manufacturers in India.
Mecwin India to invest Rs 50 crore for EV motor manufacturing plant in Bengaluru
Published by: Team GI Youth
Published on 27, Jun 2022
ALSO READ
Passionately building new things
Mihir, known for his work on drones, has designed a low-cost concussion detection kit, and a math app which recognises and solves handwritten problems. The Stanford graduate also co-authored a paper on brain tumor diagnosis.
Making youth financially literate
Pune-based fintech firm, which recently raised $1 million, is bringing young people into the investment ecosystem with a simple platform that has no payment gateway and doesn't require users to change their lifestyle.
Pioneers in the crypto space
Ashish Singhal, along with Vimal Sagar Tiwari and Govind Soni founded Coinswitch, India's largest crypto app with over 18 million users and more than 500 employees, backed by some of the world's leading investors including a16z and Tiger Global.
Cracking up the style
Bollywood actress Alia Bhatt has turned investor of fashion startup StyleCracker that helps people appear the best version of themselves.
Working for a greener future
Akhilesh Anilkumar, founder Prolove Fashion Young social activist, Akhilesh Anil Kumar's company, Prolove Fashion, focuses on creating affordable, high quality gender-neutral/fluid collections made from sustainably sourced materials.