While the Volkswagen deal would meet Mahindra’s “short to medium term” battery needs, Mahindra CEO Anish Shah said the company was open to looking at some sort of “investment with a global leader” in the battery-cell space if it needed to secure future supplies. India’s Mahindra & Mahindra could consider investing in a battery-cell company […]
Mahindra to explore partnerships for electric vehicle parts – EQ Mag Pro
Last week, Mahindra signed an agreement with Volkswagen to explore the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both the companies will be evaluating the scope of collaboration. Auto-giant Mahindra & Mahindra (M&M) is looking to strengthen its electric vehicles (EVs) portfolio and the company will be exploring partnerships for sourcing […]
Mahindra Preparing Two Electric Vehicles On Born EV Platform
Mahindra & Mahindra is working on two new electric SUVs for India, based on the brand’s upcoming Born EV platform. Last month, Mahindra & Mahindra had announced its ambitious ‘Born EV’ platform, a dedicated electric car architecture for its future e-SUVs. Now the manufacturer has confirmed that it is developing two new EVs – codenamed […]
Mahindra Lines Up Rs 17,000 Cr to Steer Growth Over Next Three Years
New Delhi : Mahindra & Mahindra is planning to deploy Rs 17,000 crore over the next three years, including capex on new models and investments in group companies besides its auto and farm sector businesses, a top company official said on Friday. The company plans to launch total 23 models in passenger vehicles segment and […]