Honda will also invest $700 million separately to retool the Ohio plant and add three hundred jobs as it seeks to have electric vehicle production in place.
Zeeba estimates that these vehicles will be used by its customers in the last-mile delivery space, mobile goods, ride-hailing, food delivery and trade professions.
Currently, digital plates are allowed in just three US states - California, Michigan, and Arizona, while that state of Texas allows its use on commercial vehicles only. Reports say that around 10 more states are considering approving the devices.
The 2022 edition of the India Bike Week returns to Goa after three years, with the last edition being held in Lonavala, Maharashtra. It will be held on 2nd and 3rd December, 2022.
In line with Stellantis CEO Carlos Tavares' vision of marking a new era for Stellantis in India and the long-term ‘Dare Forward 2030’ strategic plan, the new site is the company's second global innovation centre in the country.