The government of Telangana has signed a number of MoUs in the EV space, including Olectra, Mytrah Energy and ETO Motors among others.


Olectra, India’s first Electric Bus Manufacturer, will set up an electric bus manufacturing unit with an investment of Rs 300 crore, which will lead to creation of 3,500 direct and indirect employment opportunities.

Mytrah Energy, one of India’s leading renewable Independent Power Producers, looks to set up an electric bus manufacturing unit with an investment of Rs 2,000 crore, that will generate 7,000 direct and indirect employment opportunities.

Furthermore, electric three-wheeleer maker ETO Motors will set up a manufacturing unit with an investment of Rs 150 crore, which will lead to direct and indirect job opportunities for 1,500 people in the state.

Automotive Research Association of India (ARAI), Pune, proposed to set up a test facility for the electric vehicle segment in Telangana.

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