STOCKWATCH
·
Industrial Gases
New Launch4 Mar 2025, 11:44 pm

Refex eVeelz to Expand EV Fleet with 1,000 Electric Cars in Strategic Partnership

AI Summary

Refex Green Mobility Limited ('Refex eVeelz'), a wholly owned subsidiary of Refex Industries Limited, has entered into an agreement with one of India’s largest ride-hailing platforms to induct and operate 1,000 electric four-wheelers (e4Ws) across Chennai, Hyderabad, Bengaluru, and Mumbai in FY26. This expansion is a part of the company’s strategic growth roadmap and reinforces its commitment to India’s clean mobility transition. The ride-hailing platform will continue to cater to demand and build new mobility categories, while Refex eVeelz will focus on seamless service delivery, ensuring reliable and sustainable transportation solutions.

Key Highlights

  • Refex eVeelz to expand its EV fleet with 1,000 electric cars
  • Strategic partnership with a leading ride-hailing platform
  • Expansion across Chennai, Hyderabad, Bengaluru, and Mumbai
  • Alignment with India’s broader sustainability goals
  • Commitment to a cleaner, smarter, and more efficient transportation ecosystem
REFEX
Industrial Gases
Refex Industries Limited

Price Impact