Hyderabad-based Allox, co-founded by Mourya and Rajiv Reddy in 2016, claims to be India’s leading producer of carbon-coated lithium iron phosphate (LiFePO4), which is used as a cathode material in lithium-ion batteries.
From being started on a terrace to building an Electric Vehicle Charging Corridor on the Mumbai-Pune highway, EV startup Magenta has come a long way from its humble beginnings. It is now developing a one-of-its-kind streetlight charging station.
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