Electric motorbike maker Zyp Technologies raises $1.5m in Series Pre-A funding; plans 60 battery swap stations, 1000 electric motorcycles, and aligns with Pakistan's EV policy.
Electric motorbike manufacturer Zyp Technologies raises $1.5 million in Series Pre-A funding from Shorooq Partners and others. With this investment, the company plans to set up over 60 battery swap stations and produce 1000 electric motorcycles in the next 12 months. The launch aligns with Pakistan's National Electric Vehicle Policy, targeting 30% of all vehicle sales to be electric by 2030.
July 23, 2024
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