Explanation:

Rajasthan government has recently announced that it has signed an initial pact with the EV maker HOP Electric to set up an electric vehicle manufacturing plant in Jaipur.

The manufacturing plant will be set up with a capacity to produce 1.8 lakh vehicles per annum.

The company also said it is exploring similar possibilities in other states also and depending upon the facilities and support provided by the states, it will invest around Rs 100 crore in facilities.

The pact will generate over 3,000 direct and indirect employment opportunities.

The Jaipur-based company, which commenced operations in January this year, offers a wide range of electric two-wheelers and battery-swapping technology.

It already has a manufacturing unit in Jaipur with its current capacity of 7,500 vehicles per month, which can be expanded up to 15,000 units per month.