Ravindra Energy’s associate company -- Energy In Motion (EIM) has entered into an exclusive agreement with global commercial vehicle leader Beiqi FOTON Motor (FOTON) to launch their range of electric heavy commercial cargo vehicles in India. The commercial rollout of vehicles is scheduled to begin in Q2 of FY 2025-26.
This strategic partnership marks a significant milestone in the company’s commitment to accelerating India’s transition to sustainable transportation. Under the terms of the agreement, EIM will have exclusive rights to assemble and market FOTON’s advanced electric heavy-duty goods vehicles across India.
Ravindra Energy seeks to create a leading position in the provision of solar energy utilising the unique characteristics of solar PV generation.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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