JSW Green Mobility has made an investment in Lithium Urban Technologies, an integrated enterprise mobility platform backed by Eversource Capital. The company currently manages more than 25,000 trips every day through a network of over 3,000 vehicles and 1,300 chargers and serves more than 100 enterprise customers.
The investment will support Lithium Urban Technologies’ expansion plans as it aims to grow its business three times over the next two years. The planned expansion is also expected to create between 12,000 and 15,000 jobs and strengthen the company’s electric mobility platform, including its fleet operations, charging infrastructure and technology systems.
Earlier this month, JSW Energy Limited commissioned a wind blade manufacturing plant at Halol, Gujarat. The facility has an annual production capacity of up to 450 wind blades, equivalent to around 600 MW of wind projects.
