October 20, 2021 10:39 pm | Updated 10:39 pm IST - Bengaluru
SUN Mobility, a service provider of energy infrastructure and services for electric vehicles, has raised funding of $50 million from Vitol, an independent energy trader and investor in zero-emission and renewable energy assets globally. With this new funding, SUN Mobility would expand its footprint in India and overseas markets and increase the number of battery swap points to 500 in the country by the end of 2022, the company said.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
