BII to Invest ₹6.5 Billion in Mahindra’s EV Subsidiary
Automobile manufacturer Mahindra & Mahindra has announced that the final tranche of investment by British International Investment (BII) in its subsidiary Mahindra Electric Automobile has been revised from ₹7.25 billion (~$84.74 million) to ₹6.5 billion (~$75.98 billion). The final tranche is expected…
Mahindra BEV Push to Include 5- and 7-seat SUVs
MAHINDRA will launch a five- and seven-seat electric SUV under its Born Electric model range in Australia, but the market will be considerably more mature by the time these battery electric vehicle (BEV) models launch. GoAuto has learned that the…
