India, June 27 -- The Yamuna Expressway Industrial Development Authority (Yeida) has decided to allot a 100-acre land parcel to Electric Vehicle Manufacturing Welfare Trust (EVMWT) that will make EVs, officials said on Thursday.

The authority issued Letter of Intent (LOI) on Thursday after the agency (EVMWT) demanded it for the land, as they have got multiple manufacturers who want to develop an integrated project near Noida International airport. The authority assured them of providing land in Sector 8.

"The EVMWT will set up a dedicated cluster for EV autorickshaw and two-wheeler production, along with component manufacturing. The land acquisition work is currently in progress in Sector 8. The LoI issued for the 100-acre allotment is ...