Jindal Worldwide acquires Indian EV manufacturer Earth Energy EV
Jindal Worldwide, an Indian textiles company, is foraying into the electric vehicles (EV) sector by acquiring Earth Energy EV, a Mumbai-based electric vehicle start-up. The financial terms of the deal were not disclosed. Jindal Worldwide has acquired Earth Energy EV through its subsidiary Jindal Mobilitric, which will establish a new manufacturing plant in Ahmedabad. The […]