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BluSmart’s Path to EV Growth Blocked: What’s Behind the Gensol-Refex Green Deal Delay?

Aditya Shankar -
In a significant setback for India’s electric vehicle sector, BluSmart and Gensol Engineering have mutually decided to cancel their much-anticipated EV acquisition deal. The agreement, which would have seen Refex Green Mobility (a subsidiary of Refex Industries) acquire 2,997 electric vehicles from Gensol...

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