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The Hindu
The Hindu
National
G.V.R. Subba Rao

Pepper Motion will invest ₹4,640 crore in EV vehicle manufacturing unit at Punganur, says CEO

Andreas Hager, CEO of the German-based Pepper Motion Company, called on Chief Minister Y.S. Jagan Mohan Reddy at the latter’s camp office at Tadepalli, near here, on November 29 (Wednesday).

Pepper Motion, which manufactures electric buses and trucks, is all set to lay the foundation stone for its EV bus and truck manufacturing unit in 800 acres at Punganur in Chittoor district. The project involves an investment of ₹4,640 crore.

The Chief Minister explained Mr. Andreas Hager transparent industrial policy for giving single-window clearances to entrepreneurs and producing green energy in the State.

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