Mahindra raises ₹ 1,925 crore for new EV subsidiary

Mahindra raises ₹ 1,925 crore for new EV subsidiary

Mahindra and Mahindra has announced plans to set up the EV Co, a brand new subsidiary that will focus on the electric passenger vehicle segment. The British International Investment (BII), a UK-based financial institution, and Mahindra will both invest ₹ 1,925 crore into this subsidiary. Mahindra also confirms that the global debut of its upcoming […]

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