India's Flash to invest $18 mln in electric drive production lines at Polish Elimen

Indian company Flash plans to invest $18 million in production lines for electric drives developed by Polish startup Elimen from early 2024, Flash CEO Sanjeev Vasdev said.

"We plan to invest $18 million in new production lines for Elimen electric drives. We expect production to start in early 2024. It will be possible to produce several models at the same time," - Vasdev said at a meeting with journalists.

Source: ISB News