HERO VIJAY DEVERAKONDA invests in Hyderabad-based company – WATTS & VOLTS MOBILITY PRIVATE LIMITED which is into eco commute and shared mobility by providing Electric Bikes and Scooties towards First Mile and Last Mile connectivity.
The Company operation plan and Vision statement have been launched at Telangana EV Summit held today(Oct 30, 2020) at Hyderabad. Its pay per use model wherein user can just pay for using the electric vehicle only for the distance traveled.
This electric vehicle usage is environment friendly, saves money & time, and is also the future.
Watts & Volts is promoted by Vijay Madduri, Kedar Selagamsetty, Vamsi Karumanchi.
Vijay Deverakonda strongly believes in the growth of this company and hence invested in this. The Company will start active operations from Jan 2021
Telangana IT and Industries Minister KT Rama Rao has also unveiled Telangana EV Policy 2020-30 in this EV Summit