Keto Motors Signs MoUs for Electric Bus Deployment

Keto Motors Ltd has entered into Memoranda of Understanding (MoUs) with three leading employee transportation and mobility service providers: STS Wheels Private Limited, Svida Mobility Private Limited, and Hybrid Fleet Management Pvt Ltd. These agreements outline the collaboration for the deployment of Keto Motors' 9-meter electric buses. Specifically, STS Wheels will deploy 50 buses, while Svida Mobility and Hybrid Fleet Management will deploy between 50 to 100 buses each, subject to firm orders. The MoUs are preliminary, with definitive agreements to be finalized. This signifies a significant step towards expanding Keto Motors' electric bus market presence.