Mahanagar Gas Forays into EV Sector with ₹960 Million Investment in 3ev

The first tranche of investment is expected by the end of February 2024

February 14, 2024

/ Staff
/ Electric Vehicles
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Natural gas company Mahanagar Gas Limited (MGL) has announced the acquisition of 30.97% shareholding in 3ev Industries, a three-wheeler electric vehicle (EV) manufacturer, for ₹960 million (~$11.56 million).

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Staff

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