Yamaha-backed Indian EV startup River Mobility raises $120 mln https://t.co/iLxdcwZ0f2 https://t.co/iLxdcwZ0f2

By: ReutersTech

Published: 2026-08-05T16:03:06.816664Z

Last Updated: 2026-08-08T15:26:46.496453Z

Category: World

River Mobility, an ambitious Indian electric vehicle startup, has secured a significant $120 million investment from industry giant Yamaha. This strategic funding aims to bolster River Mobility's innovative approach in the burgeoning EV market. With this backing, the startup is poised to enhance its production capabilities and expand its reach in both domestic and international markets. Yamaha's involvement underscores a growing trend of established companies investing in sustainable technologies. The investment not only supports River Mobility's vision of eco-friendly transportation solutions but also highlights the increasing global shift towards electric mobility.