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Odysse to give 40,000 EVs to Zypp as investment deal, says CEO Nemin Vora

Business Standard LogoBusiness Standard5h ago

Odysse to give 40,000 EVs to Zypp as investment deal, says CEO Nemin Vora - Business Standard

Quick Summary:

Zypp's investment is expected to bolster Odysse Electric's B2B market presence and support the expansion of its dealership network nationwide, the company said without disclosing the nature or quantum of investment.

City-based electric two-wheeler maker Odysse Electric on Monday said it has secured an order for 40,000 vehicles from EV-as-a-Service platform Zypp Electric as part of an investment deal.

The 40,000 electric vehicles are to be supplied over the period of the next three years, Odysse said.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 13:10:44 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23652473

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 220 posts per day

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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