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Mercury EV-Tech signs MoU with SRBH Motors

13 Oct 2023 Evaluate

Mercury EV-Tech has inked the memorandum of understanding (MoU) with much acclaimed group- SRBH Motors who have developed various commercial vehicles like E-Tipper, E-Prime Movers, E-Dragger, E-Mini Bus, Cargo Containers etc at there Research and Development Centre at Mahiar, Madhya Pradesh where they have invested more than Rs 20 crore for the development of the R&D facility.

On singing of this MoU, this established R&D Centre will be used for the development of new range of products of ‘Mercury EV-Tech’ with good terms & conditions with the SRBH Motors. Apart from this, both the companies have agreed to start manufacturing of Cargo Containers at Vadodara based facility by end of this month. The company has identified the location of the plant at Vadodara. This facility will produced 700-800 Containers in a year in its 1st phase. Both the companies have committed to start the modifications and further development of the existing products of Mercury EV-Tech.

The company is pioneer in the manufacturing of Electric Scooter, Electric Car, Electric Bus, Electric Vintage car, Electric Golf Car and Electric Vehicles in India. The company develops custom electric vehicles for a wide range of applications for the hospitality, industry, golf courses, Club and Resorts etc.


Mercury Metals Share Price

35.39 1.61 (4.77%)
17-Apr-2026 16:59 View Price Chart
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