moto business service india (MBSI), shared utility platform yamaha motor Entering the four-wheeler EV segment by partnering with the All-Electric Sustainable Energy-Powered Vehicle Service Organisation, Malbork Technologies,
MBSI provides services to tech startups focusing on the shared mobility space in India. The objective of the company is to support the development of mobility platforms along with generating employment opportunities. In addition, MBSI will acquire two, three and four wheeler EV vehicles and deploy it on the rental platform, the company said.
Shoji Shirashi, Managing Director, MBSI said, “We are extremely excited to officially launch our operations in the EV space with Malbork. India is witnessing rapid growth in sales electric vehicles (EV) as passengers rush to switch from gasoline-powered vehicles due to rising fuel costs. Additionally, there are major signs of momentum in this key potential market of 1.4 billion Indians.
He further added, “We will connect with electric vehicles in many cities and create employment opportunities for the youth of India. We plan to work with more mobility companies in the future and transform the overall shared mobility space in India by bringing our financial and strategic experience from our stakeholders.
Sanjeev Kumar, CEO and Founder of Malbork Technologies Pvt Ltd. Ltd. said, “We are building a sustainable transportation model by deploying zero-emission electric cars and employing low-income community members. With our electric vehicle manufacturers, fast charging partners, the drivers community and local government bodies In partnership, we are increasing the number of electric vehicles on the road and creating social value. We plan to expand our services to multiple cities in India.”
According to the recent report, India’s EV market is projected to emerge as opportunities of USD 7.09 billion by 2025. The Indian government is also formulating new measures to achieve 100% electric vehicle mobility by 2030.
The Indian EV market is projected to grow at a strong CAGR of 42.38%. It added that such positive developments in the Indian EV sector create a huge pool of opportunities for foreign investors like MBSI, who are keen to expand their business across the country.
MBSI provides services to tech startups focusing on the shared mobility space in India. The objective of the company is to support the development of mobility platforms along with generating employment opportunities. In addition, MBSI will acquire two, three and four wheeler EV vehicles and deploy it on the rental platform, the company said.
Shoji Shirashi, Managing Director, MBSI said, “We are extremely excited to officially launch our operations in the EV space with Malbork. India is witnessing rapid growth in sales electric vehicles (EV) as passengers rush to switch from gasoline-powered vehicles due to rising fuel costs. Additionally, there are major signs of momentum in this key potential market of 1.4 billion Indians.
He further added, “We will connect with electric vehicles in many cities and create employment opportunities for the youth of India. We plan to work with more mobility companies in the future and transform the overall shared mobility space in India by bringing our financial and strategic experience from our stakeholders.
Sanjeev Kumar, CEO and Founder of Malbork Technologies Pvt Ltd. Ltd. said, “We are building a sustainable transportation model by deploying zero-emission electric cars and employing low-income community members. With our electric vehicle manufacturers, fast charging partners, the drivers community and local government bodies In partnership, we are increasing the number of electric vehicles on the road and creating social value. We plan to expand our services to multiple cities in India.”
According to the recent report, India’s EV market is projected to emerge as opportunities of USD 7.09 billion by 2025. The Indian government is also formulating new measures to achieve 100% electric vehicle mobility by 2030.
The Indian EV market is projected to grow at a strong CAGR of 42.38%. It added that such positive developments in the Indian EV sector create a huge pool of opportunities for foreign investors like MBSI, who are keen to expand their business across the country.