British impact investor BII to invest ₹1,925 crore in new EV Co of M&M
In a major boost for Electric Vehicles (EV) manufacturing in India, British International Investment (BII), the U.K.’s Development Finance Institution and impact investor has entered into a binding agreement with Mahindra & Mahindra Ltd (M&M) to invest up to ₹1,925 crore into a wholly-owned subsidiary of M&M that will be newly incorporated (EV Co). M&M […]
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