Saera Electric sets up EV manufacturing plant worth Rs 25cr in Bhiwadi

Saera Electric Auto Private Limited (SEAPL) today inaugurated a new manufacturing plant in Bhiwadi, Rajasthan, to manufacture electric two-wheelers frames and chassis. The company states that it will be investing around Rs 25 crore in phases for setting up the new manufacturing unit. This investment will keep on increasing as the production capacity will increase in the near future, says Saera.