Atulya Mittal-founded electric mobility firm Nexzu Mobility has proposed to set up a smart EV Park in Gujarat and plans to invest Rs 5,000 crore in the project over the next 10 years, the company said on Thursday.
Nexzu Mobility said it has signed an initial pact (MoU) with the state government for this purpose.
It also said the work on the proposed project is set to begin next year once land has been allotted to the company.