Mahindra Starts Export Of Peugeot Electric Scooter From India
Mahindra’s European subsidiary Peugeot Motorcycles has been continuing to loose money even after the takeover in 2015 but the scooter specialist has taken some bold steps last year to correct its course. The largest part of this course correction is…
Anand Mahindra – Investments In Manufacturing, R&D Can Make India A Global Electric Vehicle Hub
The time is right to shift to electric vehicles in India, said Anand Mahindra, chairman, Mahindra & Mahindra Ltd (M&M), in his address to shareholders at M&M’s 73rd annual general meeting. He also noted that there is a tectonic shift…
Mahindra Warns Of Job Losses In Auto Sector, Seeks Govt Help
Indian automaker Mahindra and Mahindra Ltd (M&M) said on Wednesday it saw a “huge danger” of job losses in the ailing domestic auto sector, as it sought government intervention, including tax reductions to revive demand. A lending crisis among the country’s shadow banks, which fund…
Honda To Use Hybrid Tech To Power Small Cars In India Till EV Infra Is In Place
Honda Motor Company has set a target to introduce hybrid technology in India that would help it meet new mileage and emission norms till the time the country is ready to host electric vehicles. Honda Cars India, the second largest…
