Indian EV startup Zypp Electric raises $15M from ENEOS to expand EV rental service into Southeast Asia.

Indian EV startup Zypp Electric raises $15M from Japanese oil firm ENEOS to expand EV rental service into Southeast Asia, and aims to be in 15 markets over the next two years. The company's platform is currently used for 5M deliveries monthly, with potential markets including Indonesia, Thailand, and the Philippines. The funding will help grow their fleet to 200,000 electric scooters by 2026.

May 27, 2024
4 Articles