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$275 mn equity infusion for Essar's GreenLine Mobility
Financial Express Delhi
|April 11, 2025
GREENLINE MOBILITY SOLUTIONS, a unit of the Essar group, on Thursday announced a $275 million equity investment to increase the decarbonisation of heavy trucking in the country.
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This includes a $20 million investment from Nikhil Kamath.
GreenLine is the operator of LNG and electric-powered heavy commercial trucks.
The funding will enable the deployment of over 10,000 LNG and EV trucks, along with setting up a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities.
Diese Geschichte stammt aus der April 11, 2025-Ausgabe von Financial Express Delhi.
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