Jitendra EV to invest up to ₹125 cr in 5 yrs to boost products, capacity

Q: How long will it take to read this news story?

The story "Jitendra EV to invest up to ₹125 cr in 5 yrs to boost products, capacity" has 472 words across 12 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Jitendra EV to invest up to ₹125 cr in 5 yrs to boost products, capacity" was covered 1 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 276 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27859172</li><li>URL: https://chronographically.beamstart.com/news/jitendra-ev-to-invest-up-17446165609277</li></ul>

Business Standard Logo Business Standard 1d ago

Jitendra EV to invest up to ₹125 cr in 5 yrs to boost products, capacity - Business Standard

Quick Summary:

Electric vehicle maker Jitendra EV plans to invest up to Rs 125 crore in the next five years on research & development (R&D), product development and enhancing manufacturing capacity, its Co-Founder Samkit Shah said.

The company, which had showcased its Hydrix -- a hybrid vehicle targetted for launch in 2028 -- is also looking to double its sales in the ongoing fiscal year, up from a total of 4,200 units sold in 2024-25, Shah told PTI.

Shah said the company is focusing on both high-speed and low speed electric two-wheelers in order to address the evolving customer requirements, including those of last-mile delivery in the e-commerce segment.