Business Update23 Apr 2024, 06:32 pm
Mercury EV-Tech Limited Receives Approval to Sell E-Rickshaws and E-Carts in NCT of Delhi
AI Summary
Mercury EV-Tech Limited has announced that it has received approval from the Government of NCT of Delhi to sell E-Rickshaws and E-Carts in the territory. This makes Mercury EV-Tech the first company to receive such approval in the region. The approved vehicles include passenger e-rickshaws (6+1 capacity) and e-cart loaders, with battery capacities of 1050 kg. This approval is expected to strengthen Mercury EV-Tech's revenue stream by enabling the company to sell these vehicles to customers.
Key Highlights
- Mercury EV-Tech Limited receives approval from the Government of NCT of Delhi to sell E-Rickshaws and E-Carts
- Company is the first to receive such approval in the region
- Approval includes models with 1050 kg battery capacity
- This expected to strengthen the company's revenue stream