Zypp Electric, an Indian startup focusing on electric vehicles, has secured funding from ENEOS to support its growth and expansion into Southeast Asia.

Quick Summary:

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned.

The company aims to be in 15 markets over the next two years.

The company plans to grow its fleet of 22,000 electric two-wheelers to 50,000 over the next year.

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Article Details

Author / Journalist: Jagmeet Singh

Category: Technology

Markets: United StatesChinaIndiaIndonesiaJapanPhilippinesTaiwanThailand

Topics: Transportation Exclusive Startups Zypp Electric India

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-27 @ 03:30:23 (1 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1183 words

Reading Time: 7 minutes read

Sentences: 60 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21098889

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