Olectra Greentech begins operations at Hyderabad EV factory: -

OLECTRA

Olectra Greentech begins operations at Hyderabad EV factory: -

Olectra Greentech shares jump 6% as operations begin at Hyderabad EV plant In an exchange filling released in the post market hours of January 1, Olectra Greentech declared December 31 as the commercial operation date (COD) for its greenfield electric vehicle (EV) manufacturing facility situated at Seetharampur in Telangana’s Hyderabad. The facility is expected to have an annual per shift production capacity of 2,500 buses. “This Phase-I capacity achievement of 2,500 buses Per Annum represent 50% of the planned per shift annual capacity of 5,000 buses Per Annum,” it added. All this is for information. thank you, Technofunda24