Mahindra & Mahindra has today signed a Power Delivery Agreement with ReNew Sunlight Energy (RSEPL) where under RSEPL as a Captive Generator shall be supplying solar power to the Company as a Captive User. The Company has also signed a Share Subscription and Shareholders’ Agreement (SSSHA) with RSEPL and ReNew Green Energy Solutions for subscribing […]
Pratap Bose joins Mahindra & Mahindra, Likely to Head New Global Design Centre
The move of Bose to Mahindra is seen as critical at this time as it will help drive growth in new areas like EV (electric vehicle), future UV programs and most of all help spruce up the design language of the Mahindra range of vehicles. Automobile designer Pratap Bose is set to join the Mahindra […]
Exclusive | CLP India frontrunner for Mahindra & Mahindra’s solar power assets
A source said Avendus Capital has the sale mandate for the proposed transaction. CLP India, a big investor in the country’s power sector, has emerged as the frontrunner to buy a part of Mahindra Susten’s solar power portfolio, sources with knowledge of the matter told Moneycontrol. Mahindra Susten is the renewable energy arm of the […]
India’s Electric Vehicle Push: These are the top auto firms taking the green route
Earlier this month, Tata Motors-owned Jaguar Land Rover said it has joined hands with BMW to develop next-generation electric drive systems. Maruti Suzuki is currently testing 50 electric WagonRs. Mahindra Electric Mobility, a part of the Mahindra group, is the pioneer of electric vehicle technology in the country. India’s electric vehicle (EV) push has gained […]
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 […]
Telangana Govt To Release EV Policy After Lok Sabha Elections
The announcement was made at a launch event for 50 EVs in Hyderabad The policy will complement the central government initiatives under FAME II 50 Mahindra Electric EVs will be part of Uber’s fleet in Hyderabad In a bid to push emobility, state governments are also forming their own electric vehicle rules and framework, in […]
Telangana readies for an electric future with EV policy, flags off 50 vehicles
Mahindra & Mahindra deploys 50 electric vehicles with Uber on a pilot basis in Hyderabad amid Telangana’s push to create an environment that encourages the adoption of EVs and installation of related infrastructure. Electric mobility is here to stay, and has now reached Telangana. The state is among those to have launched its own electric […]
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 […]
Indian Fleet Operators Reluctant To Pay More For Electric Vehicles: Maruti Suzuki
Maruti Suzuki conducted a survey of 30 big vehicle fleets to understand their emobility expectations Fleet operators are unwilling to pay more than 20% premium for electric vehicles Most of the operators want electric vehicles to be completely charged within 45-60 minutes India’s aim to bring about an emobility revolution seems like a far fetched […]