Lithium plugs into $8m IFC investment
Posted on 04 May, 2018 by Chris Torney, reporter
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
Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.
Latest magazinePast Issues
Get full online access, the monthly magazine, weekly news alerts, special reports and more.See all subscription options