Tag: DAO EVTech expanding its operations through Chennai

DAO EVTech expanding its operations through Chennai Propose to invest $100 million (Rs. 100 crore for Tamil Nadu) in India Aim to hire 2000 individuals before2025 The goal is to launch 20 dealerships in Chennai Chennai, 2 March 2023 : A smart electric mobility manufacturing startup with a Make In India focus, DAO EVT ech is preparing to establish a significant presence in India by manufacturinginnovative, reliable and superior-qu ality products. On March 2, 2023, a event for DAO's new line of electric automobiles was conducted in Chennai. DAO EvTech's Chairman and CEO, Dr. Michael Liu, unveiled the new vehicles and elaborated the company's pla ns for expansion in India. Dr. Michael Liu, Chairman & CEO of DAO EvTech, stated that the Tamilnadu market is crucial to a...