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Dao Evtech Latest News

  • Dao EV Tech, a new EV startup, has announced that it will invest Rs. 100 crore in Tamil Nadu and expand its India operations.
    Dao EV Tech To Invest Rs. 100 Crore In Tamil Nadu; Aims To Expand Operations
  • With the EV space gaining prominence in India by the day, there are many players who are willing to set their foot in the Indian market. In fact, there's been an influx of electric two-wheeler makers in the last five years and major motorcycle companies like Hero Motocorp, TVS and Bajaj Auto have also invested in such start-ups. Joining next in the market with an investment of $ 100 million is the China-based Dao EVTech which is setting up its production facility in Hyderabad with a plan to begin operations from February 2020.
    Dao EVTech To Invest $ 100 Million In India; To Start Operations With 25 Dealerships