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Refex Green Mobility to Acquire Gensol’s 2,997 EVs; Strategic Tie-up Includes Transfer of Associated Debt of INR 315 Crore – EQ

Key move to significantly deleverage Gensol’s balance sheet, substantially reducing the debt-equity ratio; to create sizeable headroom for future growth initiatives Ahmedabad/Chennai – Gensol Engineering Limited (“Gensol”) and Refex Green Mobility Limited (“RefexeVeelz”) are pleased to announce a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws). This step is a significant one towards […]

INCREASING ADOPTION OF ELECTRIC VEHICLES IN INDIA – EQ