Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the ‘Made in India’ Zbee, a three-wheeled passenger EV for global markets.
Through its leading micro VC Finvolve, India Accelerator invests USD one million in Clean Mobility Solution India Pvt. Ltd., a Sweden-based Clean Motion AB subsidiary, to push electric Mobility in the country.
Clean Mobility Solution India Pvt. Ltd. capitalises on clean mobility solutions by focusing on first and last-mile services, connecting key locations such as metro stations, malls, colleges, and offices. Finvolve plans to invest an additional USD three to five million over the next two years to bolster the company’s expansion.
Clean Mobility Solution India Pvt. Ltd. also plans to establish a dedicated manufacturing facility in Pune to localise and indigenously manufacture its flagship product, Zbee, making it a ‘Made in India’ three-wheeled passenger EV for global markets.
The company sets up a robust EV charging infrastructure through operation clusters, each equipped with parking, plug-in chargers, and swappable batteries to serve 20-25 Zbee vehicles in fleet operations.
Jan Thesleff, Ambassador of Sweden to India, expresses his delight at the collaboration between Clean Motion AB and India Accelerator, highlighting the partnership’s potential to address climate change and transportation challenges. Ashish Bhatia, Co-founder & CEO of India Accelerator, comments on India’s impressive strides in the EV space and its potential to lead sustainable Mobility globally.
Deb Mukherji, Country Head of Clean Mobility Solution India Pvt. Ltd., announces plans to raise a pre-series round of USD three to five million early next year to achieve scale objectives. He appreciates the trust of India Accelerator, Finvolve, and other investors, emphasising that their strategic allocation plan will help scale operations and strengthen the ‘Make in India’ initiative, positioning India as a leader in global urban mobility transportation.