Episode Details

River, India’s electric two-wheeler startup, just landed $120M in Series C funding—bringing its total to $144M—to turbocharge manufacturing and scale up from 20 to 300 vehicles daily. Led by Elev8 and Claypond with Yamaha returning as a key backer, this round signals investor confidence in River’s ability to deliver—not just innovate. Targeting operational profitability by 2028-2029 with 20K-25K monthly units, they’re also prepping two new models for next year, all while eyeing more factory space. This is the EV market maturing: production wins over tech hype.

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