California-based Biliti Electric Inc. has announced that it will set up the world’s largest electric 3-wheeler manufacturing facility in Telangana with an investment of $150 million (approximately Rs. 1,144 crore). This information was given by Biliti in its press release dated 19th April 2022.
Biliti’s new facility will have an annual production capacity of 240,000 electric 3-wheelers and will create about 3,000 new job opportunities. The facility will be spread over an area of 200 acres and will be built in two phases. In Phase I, 13.5 acres of land will be used, and a production capacity of 18,000 electric 3-wheelers will be achieved. This phase is scheduled to be operational in 2023. Phase II of the facility will be operational in 2024.