Maharashtra signs MoU with U.K.’s Causis for ₹2,800 cr. EV unit
The Hindu
Maharashtra government on Friday signed a MoU with Causis E-Mobility Pvt. Ltd., a JV of U.K.-based Causis Group, for the setting up of a zero-emission electric vehicle (EV) manufacturing facility at T
Maharashtra government on Friday signed a MoU with Causis E-Mobility Pvt. Ltd., a JV of U.K.-based Causis Group, for the setting up of a zero-emission electric vehicle (EV) manufacturing facility at Talegaon, near Pune, with an investment of ₹2,800 crore.
This is the first big-ticket investment under the recently announced Maharashtra EV Policy 2021, the State said.
“The investment of ₹2,800 crore will generate 1,250 employment opportunities and will help in climate action,” said Aaditya Thackeray, Minister for Environment, Tourism and Protocol, Government of Maharashtra.
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