In Short : Mahindra is strengthening its focus on core SUV products while accelerating its electric vehicle strategy to capture emerging demand in India and global markets. The company aims to expand its SUV portfolio, enhance EV investments, scale production capacity, and leverage technological partnerships to maintain leadership in traditional segments while building a strong […]
Mahindra expands renewable energy portfolio with new subsidiary Velos Hybren – EQ
In Short : Mahindra & Mahindra has launched Velos Hybren Private Limited, a new subsidiary to expand its renewable energy portfolio. The company will focus on independent power producer projects and distributed energy solutions like rooftop solar for various sectors. This initiative reinforces Mahindra’s commitment to sustainability and advancing green energy solutions across India. In […]
Mahindra Susten forays into hybrid RE segment with INR 1,200 Crore project – EQ
In Short – Mahindra Susten ventures into the hybrid renewable energy segment with a substantial INR 1,200 crore project. This strategic move underscores Mahindra Susten’s commitment to innovation and sustainability in the energy sector. By integrating multiple renewable sources, Mahindra Susten aims to enhance energy reliability and efficiency, contributing significantly to India’s clean energy transition […]
Mahindra Susten secures 300 MW Project in NTPC 1500 MW Solar tender – EQ
Mahindra Susten secures 300 MW Project in NTPC 1500 MW Solar tender In Short – Mahindra Susten clinches a 300 MW project in NTPC’s 1500 MW solar tender, showcasing its commitment to renewable energy expansion. This success underscores Mahindra’s role in fostering sustainable energy solutions and driving solar power adoption. In Details – Mahindra Susten […]
Mahindra to raise up to $1.3 billion for its electric vehicle 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 electric vehicle unit, Mint reported The company plans to raise capital by selling shares in its unit, currently valued at over $9.1 billion, in multiple tranches over the next […]
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 […]
Mahindra set to reveal its new-gen electric SUVs in India: What to expect – EQ Mag
Mahindra and Mahindra, a homegrown automaker, is all set to showcase its new generation of electric SUVs in India. These cars will be shown at the Mahindra EV Fashion Festival in Hyderabad on Feb 10, 2023. It is noteworthy that for the first time these Born Electric Vehicles from Mahindra will arrive in the country. […]
As Mahindra launches its EV, here’s a look at India’s Electric Vehicles space – EQ Mag
With Mahindra entering the EV market, competition in the sector is heating up. The Indian automobile industry recorded its highest-ever annual domestic passenger vehicle sales in 2022 with 37.93 lakh units sold, growing 23.1 per cent from the preceding year. The electric vehicle race seems to be revving up. In a sign of intensifying competition […]
Mahindra XUV400 EV launches at ₹15.99 lakh, challenges Tata Nexon EV – EQ Mag
The XUV400 has a claimed range of 456km with the larger 39.4kWh battery. Mahindra has launched the XUV400 EV for Rs 15.99 lakh (introductory, ex-showroom, India). These introductory prices are applicable for the first 5,000 units for each variant. The SUV was unveiled in September last year and is the first electric product from the […]
Electric cars launching in 2023 – Mahindra, Audi, MG, Skoda and more – EQ Mag
Find out what all new electric cars are going to be launched in India next year. 2023 is starting with a bang thanks to the Auto Expo in the first month itself. The rise of electric vehicles has been quite evident with more players coming in the picture, right from electric cars to two-wheelers. Right […]