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Gensol EV shuts shop, lays off remaining staff as crisis brews
April 25, 2025
|Financial Express Hyderabad
Subsidiary of Gensol Engineering to cease operations by April 30
GENSOL ELECTRIC VEHICLES Private Limited (Gensol EV), the electric vehicle manufacturing subsidiary of Gensol Engineering that was developing two-seater electric cars, has laid off its remaining 100-odd employees and will officially shut down operations by April 30, according to sources. This comes just weeks after the company had terminated about 50 employees, as reported by FE earlier this month.
هذه القصة من طبعة April 25, 2025 من Financial Express Hyderabad.
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