Biliti Electric Inc (Biliti), based in California, United States of America, has announced its intention to establish the world’s largest electric three-wheeler manufacturing facility in Telangana. The plant will be built in 2 phases over an area of 200 acres. Phase I of 13.5 acres with a capacity to produce 18000 Electric Vehicles (EV) per year will become operational in 2023 and the larger facility of 200 acres with a production capacity of 240000 EV per year will become operational in 2024.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The facility will produce all the products of Biliti including the cargo model TaskmanTM and the passenger version UrbanTM. The facility is estimated to drive private investment of USD 150 million (around Rs 1,144 crore) and is expected to create more than 3000 jobs in Telangana.
Important takeaways for all competitive exams:
Find More Miscellaneous News Here
Sarnath, an ancient Buddhist site located in Uttar Pradesh, made it to the UNESCO World…
India’s star weightlifter Mirabai Chanu has won the gold medal in the women’s 48kg category…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Kargil Vijay Diwas is celebrated on July 26, every year in India in remembrance of…
Pralhad Joshi, a cabinet minister in the Union Government, has been given the additional responsibility…
National News India Launches Electric Boat Pilot on Ganga River India launched the Electric Boat…