Yamaha Motor invests in B2C startup Malbork to enter EV industry for 4-wheelers
Image Credit: Inc42
Yamaha Motor’s Moto Business Service India (MBSI) has invested an undisclosed amount in B2C taxi aggregator startup Malbork Technologies to enter into the EV segment for four-wheelers. With this deal, MBSI aims to increase the usage of vehicles on shared/rental platforms, create employment opportunities, contribute towards improving people’s quality of life, and maintain a clean and green environment in India, according to a statement.