Page 2 - Dev Co News Today

Mahindra currently does not have a presence in the electric passenger segment. It however is the leading player in the domestic electric three-wheeler space with over 70 per cent market share.

Click for everything you need to know about the SUV brand’s upcoming EV plans.

Mahindra Electric opens dealership in Nepal

Mahindra & Mahindra are planning to launch at least five electric SUVs by 2027 under EV Co., a newly established EV subsidiary of the group

BII will buy compulsory convertible instruments resulting in a 2.75-4.76 per cent ownership of the impact investor in the EV company

Indias automobile major Mahindra & Mahindra Ltd (M&M) will hive off its assets relating to the four-wheeler passenger electric vehicles to a new company in which the British International Investment (BII) will invest upto Rs 1,925 ...

BII to invest Rs 1,925 cr in Mahindra's four-wheeler EV segment

BII, the UK’s development finance institution and impact investor and M&M have executed a binding agreement to invest up to Rs1,925 crore ($250 million).

The new Mahindra EV subsidiary is valued at Rs 70,070 crore; will focus on full-electric SUVs; 3 EV concepts will be announced on August 15, 2022. Click here for more.

Mahindra & Mahindra stock hit an all-time high of Rs 1,191.90, rising 5.17 per cent against the previous close of Rs 1,133.35 on BSE.