The firm is aiming to deploy an additional 1,200 e-buses, which will require the establishment of more charging infrastructure, and is currently running e-buses on intercity routes under the NueGo brand
With the new funding round, which is also the company’s first, Yulu is planning to add more than one lakh two-wheelers to its fleet, and over 500 battery charging and swapping stations in the next 12 months