Greaves Cotton inks pact with Altigreen Propulsion Labs
Source: IRIS | 04 Oct, 2017, 10.10AM
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Rating: NAN / 5 stars. |
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This alliance will be kick-started with the launch of a unique offering of Altigreen's HyPixi-a low cost partial electrification solution for retro-fitment on current fossil-fuel based vehicles. The solution will help deliver significantly improved fuel efficiency and reduced emissions, hence providing un-matched total cost of ownership to the last mile transportation segment.
Shares of the company gained Rs 3.05, or 2.27%, to trade at Rs 137.45. The total volume of shares traded was 16,556 at the BSE (9.59 a.m., Wednesday).
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