Phase 1 of the battery manufacturing plant, built at Rs.1,214 crore, is set to start operations by the end of 2020. With a production capacity of more than 1GWh, the plant with equity stake split between Suzuki with 50%, Toshiba 40% and Denso 10%
Strom Motors will be participating in the Consumer Electronics Show (CES) 2020, to be held at Las Vegas, USA from 7th to 10th January, 2020. Strom Motors will showcase its Strom R3 electric vehicle at the show.
Zoomcar currently has 500 EVs in its fleet, which is growing four times every year according to the company. The EV fleet includes Mahindra e2o plus and Tata E-Tigor that are available at a subscription fee of Rs. 15,000 to Rs. 20,000 per month.