River Mobility Plans Rs 1,000 Crore EV Manufacturing Facility

River Mobility Private Limited

Bengaluru-based electric vehicle (EV) startup River Mobility Pvt Ltd is in discussions with multiple states to establish a manufacturing facility. The startup plans to invest approximately Rs 1,000 crore to manufacture 5 lakh vehicles annually. Talks are underway with the governments of Telangana, Tamil Nadu, Karnataka, and Andhra Pradesh to secure suitable land for the factory construction.

Location:  Bengaluru Karnataka

Estimated Value (Rs. Cr): 1000

Sector: Electric Vehicles (Evs)

Project Stage: Conceptual/Planning

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