Biliti Electric to invest Rs 400 crore in new EV, battery manufacturing plant in Hyderabad

Biliti Electric to invest Rs 400 crore in new EV, battery manufacturing plant in Hyderabad - Qoneqt

Sonal Shridhar Shinde in India

Biliti Electric to invest Rs 400 crore in new EV, battery manufacturing plant in Hyderabad

Biliti Electric is investing Rs 400 crore in setting up a manufacturing facility for electric three-wheelers and Lithium-ion battery packs at Velimela, Hyderabad. The facility will have a phase-1 capacity to produce 2,000 E3W per month, creating 10,000 jobs. It aims to be a significant player in the global EV market and a hub for last-mile mobility solutions.

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