EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » Tech Provider Company Shows Interest in Entering EV Space in India

      Tech Provider Company Shows Interest in Entering EV Space in India

      Aishwarya SaxenaBy Aishwarya SaxenaSeptember 24, 2022 E-Mobility 2 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      US based global investor and tech provider, Mallawa Ventures Inc., has decided to invest about USD 1 billion (nearly Rs 8,000 crore) in Tamil Nadu to manufacture hydrogen-powered electric buses by 2030.

      electric buses The company is currently in the process of identifying land to set up the manufacturing units for producing the buses and the hydrogen cells on the outskirts of Chennai, Mallawa Ventures, President and CEO Raj Karan said.

      “We want to bring out hydrogen-fuelled electric buses by 2030. The first set of e-buses will be launched in 9-12 months. The office will be headquartered in Chennai, and we also want Chennai to be a hub for manufacturing such e-buses,” he commented.

      The company expects about 4,000 employees to be recruited in the initial phase at the facilities, he said.

      “Our investment will be USD 1 billion (roughly Rs 8,000 crore) the hydrogen fuel cell plant may require some investments…,” he added.

      While the first set of 12-meter electric buses is likely to be rolled out by 9-12 months, the company expects to reach production levels of 1,000-1,500 buses a year by 2030, he said.

      The electric buses would be available in three variants of different floor heights — 400 mm, 650 mm and 800 mm and would be able to ply between 350 km and 750 km per charge.

      electric buses hydrogen cells hydrogen fuel cell plant Mallawa Ventures Inc. manufacturing units news
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      Tesla Model Y Debuts in India at ₹59.89 Lakh

      EV and Auto Stocks Gain on July 15, 2025

      Kia Unveils Carens Clavis, India’s First 7-Seater EV

      Leave A Reply Cancel Reply

      two × five =

      E-MOBILITY

      Tesla Model Y Debuts in India at ₹59.89 Lakh

      July 15, 2025

      Kia Unveils Carens Clavis, India’s First 7-Seater EV

      July 15, 2025

      Mercedes CLA Shooting Brake EV Offers 470-Mile Range

      July 15, 2025

      Pulkit Gupta Joins DriveX as SVP to Transform Sales

      July 15, 2025

      Articles

      Turn Land Into Revenue with EV Charging Station Franchises

      In 2025, electric vehicle (EV) industry in India is rapidly growing, with rising adoption of…

      EV Subsidies in India: Who Truly Benefits from the Green Push?

      India is advancing rapidly in electric mobility mainly due to strong government backing to EV…

      Delhi’s Fuel Ban Flip-Flop: A Policy Failure in Motion

      Introduction: A Capital Confusion Delhi government took a U-turn on its decision to implement the…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.