In Short : The Mahindra Group will invest ₹11,000 crore in Rajasthan to develop solar energy projects through its renewable energy arm, Mahindra Susten. This initiative aims to expand solar power capacity, generate jobs, and reduce carbon emissions. Leveraging Rajasthan’s solar potential, the investment aligns with India’s renewable energy goals and Mahindra’s commitment to sustainability […]
Mahindra Group, Ontario Teachers’ co-sponsor InvIT in renewable energy space – EQ
In Short : The Mahindra Group and Ontario Teachers’ Pension Plan Board are co-sponsoring an Infrastructure Investment Trust (InvIT) in the renewable energy sector. This collaboration underscores joint efforts to invest in sustainable infrastructure projects, contributing to the growth of the renewable energy space. In Detail : Mumbai : Mahindra Group, a leader in farm […]
Mahindra Group and British International Investment commit $500 million for electric SUV space – EQ Mag Pro
Earlier this month, the company unveiled its first electric SUV (sports utility vehicle) — XUV 400 — which it plans to launch early next year. Mahindra Group and British International Investment have committed $500 million (over Rs 4,000 crore) capital for the electric sports utility vehicle space, according to a company spokesperson. Impact investor British […]
“Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions” being issued by Mahindra & Mahindra Limited – EQ Mag Pro
“Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions” being issued by Mahindra & Mahindra Limited For more information please see below link:
Mahindra Group Appoints Pratap Bose as Chief Design Officer
New Delhi : Mahindra Group on Friday announced appointment of ex-Tata Motors head of design Pratap Bose as Executive Vice President and Chief Design Officer to lead its newly formed global design organisation. In his new role, Bose will be responsible for the recently announced Mahindra Advanced Design Europe (MADE) and Mahindra India Design Studio […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
M&M to deploy 50 electric vehicles on Uber platform
Automaker Mahindra & Mahindra Ltd Thursday announced the deployment of 50 of its Electric Vehicles (EVs) to Uber, an on-demand ride-sharing company, to provide zero emission mobility here. Earlier, Mahindra had announced its collaboration with Uber to explore the deployment of electric vehicles (EVs) on its platform in several cities across the country. To begin […]
Electric Vehicles This Week: Ashok Leyland Seeks EV Tech Partner, VOGO Eyes 10K EV Scooters And More
Tata Motors to expand its EV offering in the passenger vehicle space Dockless scooter sharing startup VOGO plans to increase e-scooters in its fleet Mumbai-based ION Energy is looking to expand operations in the US, Europe and China While India is gearing up for a full-fledged electric vehicle ecosystem, startups and early-stage ventures still face […]