IFC Announces $20 Million Equity Investment in Transvolt Mobility
To enhance access to quality urban transport, scale up electric vehicles (EVs) production and strengthen India’s electric mobility ecosystem, IFC is providing $20 million equity investment to Transvolt Mobility Private Limited (Transvolt), as part of its $50 million financing round.
Photo courtesy of Ruiyang Zhang.
Source: IFC (link opens in a new window)
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