Gensol Engineering has received approval to acquire majority stake in Gensol Electric Vehicles which would further acquire technical and business know-how, patents, trademark and brand name related to electric vehicles from US based company. The board of director of the company at their meeting held on August 19, 2022 has approved the same.
Gensol Engineering is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.