Maharashtra signs MoU with U.K.’s Causis for ₹2,800 cr. EV unit

Oct 1, 2021
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Maharashtra authorities on Friday signed a MoU with Causis E-Mobility Pvt. Ltd., a JV of U.Ok.-based Causis Group, for the organising of a zero-emission electrical car (EV) manufacturing facility at Talegaon, close to Pune, with an funding of ₹2,800 crore.

That is the primary big-ticket funding beneath the just lately introduced Maharashtra EV Coverage 2021, the State mentioned.

“The funding of ₹2,800 crore will generate 1,250 employment alternatives and can assist in local weather motion,” mentioned Aaditya Thackeray, Minister for Surroundings, Tourism and Protocol, Authorities of Maharashtra.

In section two, the corporate will arrange its personal battery giga manufacturing facility in Maharashtra to fabricate and provide EV batteries.


Supply- thehindu