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Fieldmarshal plans battery stations
May 13, 2008: Rajkot-based Fieldmarshal group is planning an unique move to start dispensing charged battery as part of its move to introduce small electric cars. The company plans to come up with a unique battery charging initiative to make the vehicle convenient and easy on the pocket.
The group has tied up with Australia-based Farnow Technologies for the project and is mulling a joint venture company to produce battery-powered cars and three-wheelers.
At present, the Fieldmarshal group manufactures diesel, petrol and LPG autorickshaws at its new facility at Shapar near Rajkot. It has a manufacturing capacity of 1,000 autorickshaws per month but rolls out 450 vehicles per month. The company expects exports to bring 40 per cent of its revenues in the next two years.
Source: Business Standard