Lithium plugs into $8m IFC investment

The electric vehicle company plans expansion beyond its Bengaluru base.

International Finance Corporation, the venturing arm of the World Bank, has invested $8m in Lithium, an Indian developer of electric vehicle technology, India’s Financial Express has reported.

The latest round of funding for Lithium has been joined by other undisclosed investors and will help the company move into new markets in the country.

See more from this Government Report: World Bank/IFC


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