India, Aug. 25 -- Smart swapping network Mooving's cofounder Tanvir Singh has launched an AI-based startup for used EV resale.

The new venture, TrusTerra, launched alongside cofounders Saurabh Arora, Madhu Reddy and Chanakya Agarwal, aims to solve the sector's most pressing challenges - lack of trust, standardisation and resale value in the pre-owned EV market.

"For India to electrify affordably, a trusted resale backbone is critical. We are building that backbone to ensure every EV owner can unlock fair value, every dealer can trade with confidence, and every buyer can purchase with trust," Singh said.

The Gurugram-based startup has been operating in stealth mode for about a year. It further plans to expand into cities such as Bengalu...