Zypp Electric raises $25 mn led by Gogoro, to expand EV fleet

EV-as-a-service platform Zypp Electric on Wednesday said it has raised $25 million led by Gogoro, a global technology leader in battery swapping ecosystem, in its series B funding. With the new funds, Zypp aims to increase its fleet size from 10,000 to 200,000 electric vehicles and expand its footprint to 30 cities in India by 2025.