Chennai, March 5 Electric mobility start-up DAO EvTech has drawn up plans to invest Rs 100 crore in Tamil Nadu and employ about 2,000 people by 2025, the company said on Sunday. DAO commenced production at its facility in Chakan, Pune and has enabled two wheeler electric vehicle manufacturing capabilities and investments from US based DAO Evtech LLC and its promoter Michael Liu. DAO EvTech has planned to invest USD 100 million in India apart from the Rs 100 crore for Tamil Nadu and showcased a new line of electric vehicles in the city recently.
