| || ||Thread Tools||Search this Thread|
|6th October 2017, 12:08||#1|
Distinguished - BHPian
Join Date: Jun 2011
Thanked: 33,406 Times
Mahindra chalks up Rs 4,000 crore investment to develop EVs
Domestic auto major Mahindra & Mahindra will be investing close to Rs 4,000 crores in the next 3-5 years to develop and add electric vehicles to it's portfolio, according to a report by the Economic Times.
The homegrown automobile giant has so far invested almost Rs 500 crores on developing electric vehicles and is now looking ahead at not only leading the EV market in India in the near future, but also to act as a supplier for a joint venture partner in motor and power electronics.
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|REVA founder aims to develop modular batteries for EVs||dZired||The Indian Car Scene||0||13th April 2017 17:29|
|Maruti, Mahindra & Tata to jointly develop Hybrids & EVs. Update: Maruti quits consortium||volkman10||The Indian Car Scene||18||25th October 2016 18:53|
|Mahindra to invest Rs. 1000 crore to develop petrol engines||S2!!!||The Indian Car Scene||8||11th August 2016 15:19|
|Ather Energy (Bangalore) gets Rs. 75 crore investment for upcoming electric 2-wheeler||Aditya||Motorbikes||15||23rd February 2016 21:20|
|Eicher announces Rs.600 Crore investment; To ramp up Royal Enfield production||NPV||Motorbikes||14||15th November 2014 10:57|