comparemela.com

Latest Breaking News On - Yulu energy - Page 3 : comparemela.com

Yulu earns $82 million in Series B funding led by Magna International

Started by giving bicycles on rent, got funding of Rs 653 croreElectric mobility leader Yulu has secured equity funding of $82 million (Rs 653 crore) to grow its mobility and battery swapping business led by Magna International Inc. and Bajaj Auto Ltd.The demand for electric vehicles is increasing day by day in the world market.

Magna enters the micromobility and battery swapping market

Magna International has invested $77M in India's Yulu, a shared micromobility operator. The two also launched a battery swapping joint entity.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.