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Gulf Oil Lubricants looking at buyouts to boost EV infra play

By Economic Times - 4 months ago
Gulf Oil Lubricants India is planning to acquire charge point operators (CPOs) and intelligent grid technology companies to become a leader in the electric vehicle charging ecosystem. The company is looking at the complete value chain, from manufacturing to research and technology. The smart grid technology combines hardware chargers and software to boost efficiency of electrical grids or networks by enabling bi-directional communication.

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