Taiwanâs KYMCO to invest $65 mn in Gurugram-based EV startup
Taiwan-based electric two-wheeler maker KYMCO has said it will invest $65 million in Gurugram-based electric vehicle startup Twenty Two Motors. The company will invest the amount in the startup over a period of three years. Founded in 2016 by Parveen Kharb and Vijay Chandrawat, Twenty Two Motors last raised $1.6 million in a pre-Series A round of funding in 2017.