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River EV Secures $15 Million Funding from AI Futtaim Group f

June 07,2023

River EV Secures $15 Million Funding from Al Futtaim Group for Expansion Plans.

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River EV has secured $15m in funding from Al Futtaim Group. The Dubai-based conglomerate operates in the automotive, retail, and real estate sectors. The funding will support River EV's manufacturing, delivery, and dealership network expansion. Product deliveries are expected to begin in August 2023.

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