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Mahindra & Mahindra and Tata Motors claim Rs 246 crore as production linked incentive (PLI)Mahindra & Mahindra and Tata Motors have together claimed Rs 246 crore under the PLI scheme for incremental production. This scheme, which ...- M&M, Tata Motors bag big PLI incentives; earn brownie points for their work in advanced auto techThe PLI scheme for the auto and auto components industry runs from 2023-24 to 2027-28, with payments scheduled between 2024-25 and 2028-29....
- India-Japan Fund to invest Rs 400 cr in Mahindra & Mahindra's unitMahindra & Mahindra has announced that the India-Japan Fund (IJF) will invest Rs 400 crore in its unit, Mahindra Last Mile Mobility Ltd (ML...
- Bill Gates goes on a breezy e-rickshaw ride; Mahindra boss proposes friendly ‘30-wheeler EV drag race’Gates was seen enjoying a joy ride on an e-rickshaw.
- Mahindra Electric Mobility sees over 3-fold jump in electric three-wheeler sales in FY22Citing Society of Indian Automobiles Manufacturers (SIAM) data, Mahindra Electric said it has "closed the financial year (2021-22) with a m...
- Mahindra Electric to deliver e-autorickshaws to push pollution-control drive in AmritsarUnder RAAHI project, a subsidy of Rs 75 000 is given to each beneficiary, with a total outlay of Rs 108 crore, as per the release. If a ben...
- Honda to kick off EV battery swapping in Bengaluru by June, first in 3-wheeler spaceBengaluru is home to promising EV startups in the country such as Ola Electric, Sun Mobility and Ather.
- Anand Mahindra thanks Zoho CEO for being the brand ambassador of 'cool e-tuk tuks'Mahindra said that the electric 3-wheelers will transform the EV segment.
- Mahindra Electric gives up office space in Bengaluru, moves sales & marketing team to MumbaiMahindra Electric has also seen a number of hi-profile exits including Mahesh Babu, Martin Murray, Satish Rajagopalan and Allahbaksh Naikod...
- Mahindra Electric CEO & MD Mahesh Babu to step downConsequently Suman Mishra, sr VP , Business transformation, Insight and Analytics, automotive sector will take over as chief executive of M...
- Mahindra launches Treo electric auto in KarnatakaThe new Mahindra Treo electric auto is now completely designed and developed in India and offers best-in-class performance with higher spee...
- From charging infra to cars, M&M is open for partnerships across EV value chainThe company has been talking to potential investors in its electric vehicles arm Mahindra Electric. “We are open to partnerships in Mahindr...
- Mahindra launches eKUV100 priced at Rs 8.25 lakhThe company claims that electric KUV 100 (eKUV 100) is India's most affordable passenger electric vehicle in the segment.
- Unorganised players with cost edge lead the e-rickshaw raceAs per the Vaahan portal data, unorganised players sell 10,000 e-rickshaws a month costing as low as Rs 40,000 for an e-rickshaw against ab...
- Mahindra's EV sales rise over 2.5 times to 10,276 units in FY19In the first phase of the order, EESL had taken deliveries of 500 electric cars; out of which, M&M supplied 150 and the rest by Tata Motors.
- Erickshaws show the way in tier II-III citiesAlmost three lakh battery powered ricks have now replaced the ubiquitous cycle rickshaws in key markets of the North East, Uttar Pradesh, W...
- FAME II to help accelerate EV launches: MahindraWith now FAME II scheme in place, he said, the company expects to get higher volumes enabling it to localise its products further.
- Mahindra Electric Mobility opens Rs 100-cr manufacturing hub in BengaluruThe company has now invested in technologies that are core to EVs and have set up manufacturing of battery packs, motors, power electronics...
- Mahindra Electric eyes sale of vehicles to fleet operatorsMahindra Electric will focus on sale of vehicles to fleet operators and and app based cab aggregators such as Zoomcar, Ola and Uber.
- Carmakers steer towards electric vehicles to meet India's aspirationElectric vehicles are the defining theme of the auto expo this year, said Kenichi Ayukawa, MD at the country’s largest carmaker Maruti Suzu...
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