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M&M to raise up to $1.3 bn for EV unit – EQ Mag

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit, people familiar with the development said, adding the move is aimed at accelerating the expansion plans of its newly formed subsidiary, EV Co. Mahindra is likely to raise capital in multiple […]

Ather Energy ties up with BPCL to expand charging infrastructure

Mahindra to raise up to $1.3 billion for EV unit: Report – EQ Mag

Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between $1 billion and 1.3 billion to accelerate the expansion of its electric vehicle unit, Mint reported on Wednesday. The company plans to raise capital by selling shares in its unit, currently valued at over $9.1 billion, in multiple tranches […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ