M&M to sell EVs through existing sales network to offer all choices under one roof
4 months ago

M&M to sell EVs through existing sales network to offer all choices under one roof

Live Mint  

New Delhi, Dec 1 Mahindra & Mahindra will utilise its existing sales network to sell its electric vehicle range as the automaker looks to offer all the choices to customers under one roof, according to a top company executive. The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of two all-new ground up models -- BE 6e and XEV 9e. "One of the reasons, why we want to keep the sales channel the same, is because we want to give the customer the choice between ICE and EVs," Mahindra & Mahindra Executive Director and CEO for auto and farm sectors Rajesh Jejurikar told PTI in an interaction. "We are hiring specialist sales people with experience in luxury and premium brands.Similarly, for our workshops, we are hiring specialist technical talent who are capable of addressing issues," Jejurikar said.

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History of this topic

M&M shares rise over 4% after UBS upgrade. 3 things investors should know
Trending News
4 weeks, 1 day ago

M&M shares rise over 4% after UBS upgrade. 3 things investors should know

India Today  

Mahindra & Mahindra shares rose over 4% on Wednesday after foreign brokerage UBS upgraded the stock to 'Buy.' It acknowledged that M&M’s recent EV bookings—30,000 units—fell short of estimates but still considered them strong, given India's EV sales in January 2024 and January 2025 stood at 98,000 and 12,000 units, respectively. “Tesla's Model Y will compete with premium EVs like …

M&M share price jumps 4% after February sales spike 15% YoY
1 month ago

M&M share price jumps 4% after February sales spike 15% YoY

Live Mint  

Mahindra & Mahindra share price jumped over 4% on Monday after the company reported strong wholesales for the month of February 2025. Auto major Mahindra & Mahindra reported a total sales of 83,702 units in February, registering a growth of 15% from 72,923 units sold in February last year. In the farm equipment segment, M&M said its total tractor sales …

This carmaker delivers another strong EV performance. Not Mahindra, Hyundai, BYD
1 month, 3 weeks ago

This carmaker delivers another strong EV performance. Not Mahindra, Hyundai, BYD

India Today  

JSW MG Motor India delivered another strong show in the electric vehicle segment, with its retail sales rising over 250% year-on-year in January 2025. According to data from the Federation of Automobile Dealers Associations, JSW MG retailed 4,237 units of EVs in January 2025, registering a jump of 252.20% y-o-y from 1,203 units in the same month last year. In …

Electric journey helps Tata Motors, Mahindra become first to win auto PLI
Trending News
3 months ago

Electric journey helps Tata Motors, Mahindra become first to win auto PLI

Live Mint  

Tata Motors Ltd and Mahindra and Mahindra Ltd on Thursday became India's first automakers to secure production incentives for the automotive sector, marking a key moment for the scheme that had a tepid start. The two companies have received approval for claims worth ₹246 crore under the Production-Linked Incentive Auto scheme, the heavy industries ministry said. Read this | Why …

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%
3 months ago

Mahindra & Mahindra records 16% increase in December sales; PV sales up 22% and SUV up 18%

Live Mint  

Mumbai, January 1 : Automotive company Mahindra & Mahindra witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing. In the utility vehicle segment, the company sold 41,424 vehicles in the domestic market, a growth of 18 per cent and overall, 42,958 vehicles, including exports. Mahindra's …

Mahindra closes in on Tata Motors as EV sales falter
3 months, 2 weeks ago

Mahindra closes in on Tata Motors as EV sales falter

Live Mint  

Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. Tata Motors’ market share, driven by the Nexon EV, peaked at just over 14% in March but its performance …

Mahindra bets on premium electric SUVs to boost market share
4 months ago

Mahindra bets on premium electric SUVs to boost market share

Deccan Chronicle  

With its smaller SUV, Mahindra will enter India's fast-growing compact SUV market, which grew nearly 20% in the first six months of the current fiscal year and is dominated by Hyundai's Creta SUV and Toyota's Urban Cruiser Hyryder SUV. Mumbai-based Mahindra, second largest SUV maker in volumes, introduced the smaller sporty BE 6e and luxurious XEV 9e electric SUVs priced …

Can M&M’s new electric vehicles help it overcome industry hurdles?
4 months ago

Can M&M’s new electric vehicles help it overcome industry hurdles?

Live Mint  

Mahindra & Mahindra Ltd has widened its electric vehicle portfolio with the launch of two new models – BE 6e and XEV 9e. The two new models will have a combined annual manufacturing capacity of 90,000 vehicles, or about 10% of M&M’s estimated sales of 900,000 units in FY25. Fast charging, slow infra The two new models have a battery …

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY
4 months, 3 weeks ago

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY

Live Mint  

Mahindra & Mahindra Ltd on Thursday, November 7 reported a 35% year-on-year jump in its consolidated net profit to ₹3,171 crore for the second quarter of FY25. Meanwhile, the auto major's consolidated revenue from operations grew 10% YoY to ₹37,689 crore in Q2 FY24 from ₹34,281 crore in Q2 FY24. Automobile Segment Mahindra’s Auto segment revenue in Q2 FY25 grew …

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore
8 months ago

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore

New Indian Express  

MUMBAI: The homegrown automaker Mahindra and Mahindra has reported a marginal 5.3 percent year-on-year fall in standalone net in the June quarter at Rs 2,613 crore despite a healthy topline growth and robust margins. The company said its market share from a revenue angle in the SUV segment rose at 21.6 percent, up 130 bps, and in tractors it retained …

M&M shares jump over 5% to record high on supply deal with Volkswagen
1 year, 1 month ago

M&M shares jump over 5% to record high on supply deal with Volkswagen

Live Mint  

Mahindra & Mahindra share price rallied over 5% to a 52-week high after the company signed a supply agreement for Volkswagen components to be used in its electric vehicles. The agreement between Volkswagen Group and M&M is for the supply of components of Volkswagen’s MEB for Mahindra’s purpose-built electric platform INGLO. Mahindra plans to launch five all-electric SUVs in India …

M&M accelerates ‘Born EV’ plans, to expedite launches
1 year, 3 months ago

M&M accelerates ‘Born EV’ plans, to expedite launches

Live Mint  

Homegrown automaker Mahindra & Mahindra is expediting its plans to launch its ground-up electric vehicles, with four brand-new electric sport utility vehicles expected to be launched by the first quarter of calendar year 2025, persons in the know told Mint on condition of anonymity. The company is looking to advance its EV launch plans as it is eager to kick-off …

We challenge OEMs to invest in India, compete with us: M&M's Anish Shah
1 year, 4 months ago

We challenge OEMs to invest in India, compete with us: M&M's Anish Shah

Live Mint  

New Delhi: As talks of an imminent import duty cut on electric vehicles intensifies, Mahindra Group managing director and chief executive Anish Shah on Friday told Mint that it would like to “throw open a challenge" to global carmakers to “invest in India and compete with us", responding to a query on how such a decision would impact domestic original …

M&M auto sales in October up 32% to 80,679 units; tractor sales drop 3% YoY
1 year, 5 months ago

M&M auto sales in October up 32% to 80,679 units; tractor sales drop 3% YoY

Live Mint  

Mahindra & Mahindra Ltd, the automobile major, on Wednesday reported total auto sales for the month of October 2023 at 80,679 vehicles, a growth of 32% from 61,114 units in the same month last year. In the Farm Equipment Sector, M&M’s total tractor sales during October 2023 dropped 3% to 50,460 units, as against 51,994 units for the same period …

M&M sells entire stake 3.195% in Mahindra CIE Automotive; shares rally
1 year, 10 months ago

M&M sells entire stake 3.195% in Mahindra CIE Automotive; shares rally

Live Mint  

Block deal: Auto giant, Mahindra & Mahindra on Wednesday confirmed selling 3.195% stake in a listed associate company, Mahindra CIE Automotive. Despite the stake sale Mahindra CIE's stock price skyrocketed to hit a fresh 52-week high. As per the regulator filing, M&M sold its entire stake comprising of 1,21,22,068 equity shares representing 3.195% of the paid-up share capital of CIE. …

M&M to sell 4.6% stake in Mahindra CIE via block deals: Report
2 years ago

M&M to sell 4.6% stake in Mahindra CIE via block deals: Report

Live Mint  

Mahindra & Mahindra Limited an Indian multinational automotive manufacturing corporation headquartered in Mumbai today announced to sell a 4.6% stake in Mahindra CIE via block deals. According to Trendlyne data, promoters elevated their holdings from 19.38% in the September 2022 quarter to 19.39% in the December 2022 quarter, while FII/FPI increased their holdings from 38.27% in the second quarter of …

Electric price war erupts as Tata, M&M fight for SUV edge
2 years, 2 months ago

Electric price war erupts as Tata, M&M fight for SUV edge

Live Mint  

Tata Motors Ltd and Mahindra and Mahindra Ltd are locked in a price war as they battle for dominance in India’s electric sport utility vehicle market, in which Tata currently holds nearly 80% share with its Nexon EV range. View Full Image Graphic: Mint Tata Motors sells the Nexon EV in two variants: Prime, with a 30.2 kWh battery, and …

Mahindra to invest Rs 10,000 crore for EV manufacturing facility in Pune
2 years, 3 months ago

Mahindra to invest Rs 10,000 crore for EV manufacturing facility in Pune

India Today  

Mahindra and Mahindra Limited has announced that the company’s investment towards electric vehicle manufacturing infrastructure in Pune has been approved by the Maharashtra Government. The investment of Rs 10,000 crore has been approved by the Maharashtra Government’s industrial promotion scheme for electric vehicles. Through this investment, Mahindra aims to set up a manufacturing facility for electric vehicles in Pune where …

Mahindra in talks to raise up to $500 million for EV push: Report
2 years, 6 months ago

Mahindra in talks to raise up to $500 million for EV push: Report

Live Mint  

Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles, a source with direct knowledge of the matter told Reuters. Mahindra told Reuters in a statement it has committed to investing $500 million in the electric SUV space along with BII, and that …

First EV by Mahindra their Future Plans, Everything You Should Know
2 years, 7 months ago

First EV by Mahindra their Future Plans, Everything You Should Know

News 18  

The Mahindra e2o was an electric car produced between 2016 and 2019 by Mahindra Electric for the Indian market. In 2001, Maini launched the Reva, a two-seater electric car for Indian roads. Not many know this but India’s electric vehicles journey had an early start with Bijlee, made by Mahindra & Mahindra way back in 1999. M&M today is working …

Mahindra’s EV play revs up interest
2 years, 8 months ago

Mahindra’s EV play revs up interest

Live Mint  

Mahindra and Mahindra Ltd ’s announcement of incorporating a whollyowned subsidiary, EVCo, in agreement with British International Investment, is a stepping stone on its electric vehicle journey. This gives meaningful value to M&M’s EV business, which has otherwise been ascribed little value, according to analysts at Jefferies India. Any concern on the substantial funding needed for its EV business is …

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’
2 years, 11 months ago

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’

Live Mint  

It is a widely believed notion that when dealing with making hard decisions in life, taking inspiration from nature might is the way to go. The tech savvy Mahindra took to Twitter on Tuesday to share that it really helps to imagine you’re on top of Everest with an unobstructed view of the world and how doing this helps one …

Electric Vehicle Sales Pick Up Speed in February 2022; New Players Enter Market
3 years ago

Electric Vehicle Sales Pick Up Speed in February 2022; New Players Enter Market

News 18  

With the rise in the sale of electric vehicles and buyers making the switch, many new players are trying to enter this market. A total of 2,264 electric cars were sold in February 2022, up from 434 units in February 2021. NUMBERSPEAK Tata Motors’ electric vehicle sales stood at 2,264 units in February 2022, representing a 421% increase over February …

Mahindra to launch Scorpio early next year, eyes numero uno spot in SUV segment
3 years, 3 months ago

Mahindra to launch Scorpio early next year, eyes numero uno spot in SUV segment

Live Mint  

Riding on the success of their recent model launches, homegrown auto majors Mahindra & Mahindra and Tata Motors are looking to further strengthen their product portfolios in 2022. "We want to be the number one player in the core SUV segment, and the success across our product portfolio including the all new Thar, XUV300, Bolero Neo and the unprecedented response …

MG readying all-electric crossover for India in the Rs 10-15 lakh segment, expected to launch by 2023
3 years, 3 months ago

MG readying all-electric crossover for India in the Rs 10-15 lakh segment, expected to launch by 2023

Firstpost  

Over two years on since its India debut, MG Motor has four models on sale in the domestic market, with one of them being the all-electric MG ZS EV. “Our next product after SUV Astor, we have been thinking about an EV and now we have been very encouraged with the absolute clarity from the government side that EV is …

Mahindra's overall auto sales at 17,447 units in May 2021
3 years, 10 months ago

Mahindra's overall auto sales at 17,447 units in May 2021

India Today  

Mahindra & Mahindra has reported a rise of 82.5 per cent in overall auto sales to 17,447 units in May 2021. The automaker's domestic PV sales increased 106.98 per cent to 8,004 units in May 2021 from 3,867 units in the same month last year. The domestic CV sales of the automaker jumped 44.13 per cent to 7,508 units in …

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years
3 years, 11 months ago

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years

The Hindu  

Mahindra & Mahindra Ltd will put in fresh investments to the tune of ₹ 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a top company official. "So, for EVs we are going to invest Rs 3,000 crore additional to what we have talked …

Mahindra Thar, Scorpio, Bolero, XUV300, others: Automaker's domestic PV sales rise 3 per cent in December 2020
4 years, 2 months ago

Mahindra Thar, Scorpio, Bolero, XUV300, others: Automaker's domestic PV sales rise 3 per cent in December 2020

India Today  

Mahindra and Mahindra has reported a rise of 3.13 per cent in the domestic PV sales to 16,182 units in December 2020. Talking about the domestic CV sales, Mahindra and Mahindra witnessed a decline of 21.48 per cent to 16,795 units in December 2020 from 21,390 units in December 2019. The exports of the automaker jumped 2.84 per cent to …

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020
4 years, 4 months ago

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020

India Today  

Mahindra and Mahindra has reported a rise of 24.42 per cent in the domestic PV sales to 18,212 units in November 2020. The domestic CV sales of the automaker slipped 4.56 per cent to 22,883 units in November 2020 from 23,977 units in the year-ago month. The exports of Mahindra and Mahindra plunged 37.58 per cent to 1,636 units in …

M&M Merges Its Multi-Brand Service and Used Car Business 'Mahindra First Choice' With TVS
4 years, 4 months ago

M&M Merges Its Multi-Brand Service and Used Car Business 'Mahindra First Choice' With TVS

News 18  

Mahindra & Mahindra Ltd on Thursday announced a share swap deal with TVS Automobile Solutions Pvt Ltd to merge its multi-brand car and two-wheeler service venture — Mahindra First Choice Services Ltd — with TASL. On the other hand, TASL will acquire the entire stake of Mahindra Holdings Ltd, a wholly-owned subsidiary of M&M, in Mahindra First Choice Services Ltd …

Mahindra Reports 14.5 Percent Decline in Overall Sales, Sells 44,359 Units in October
4 years, 5 months ago

Mahindra Reports 14.5 Percent Decline in Overall Sales, Sells 44,359 Units in October

News 18  

Mahindra & Mahindra on Sunday reported a 14.5 per cent fall in its overall sales in October at 44,359 vehicles. The passenger vehicle segment of the company which includes utility vehicles, cars and vans recorded a 1 per cent growth in sales at 18,622 vehicles last month, M&M said in a statement. Its utility vehicle segment, however, witnessed a 3 …

MG Motor India Expands Sales Network for ZS EV, Starts Selling in 10 New Cities Across India
4 years, 5 months ago

MG Motor India Expands Sales Network for ZS EV, Starts Selling in 10 New Cities Across India

News 18  

MG Motor India has announced that the sales of their electric car – MG ZS EV, will now expand to 10 new cities, taking the total number of cities where the car can be bought to 21. The MG ZS EV has seen a rather positive response for an electric car in India and recently, the company rolled out its …

Mahindra, REE Automotive sign deal to develop electric CVs for global markets
4 years, 7 months ago

Mahindra, REE Automotive sign deal to develop electric CVs for global markets

India Today  

Mahindra and Mahindra today signed a memorandum of understanding with Israel-based e-mobility firm REE Automotive for developing and manufacturing electric commercial vehicles for global markets. "The competitive advantages of REE's corner modular architecture with our experience in conventional vehicle system design, engineering, sourcing ecosystem and significant production capacity, provides a perfect match to deliver exciting zero-emission vehicles, including autonomous vehicles, …

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
4 years, 10 months ago

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%

Firstpost  

Auto major Mahindra & Mahindra on Monday reported a steep 79 percent decline in total sales at 9,560 units in May New Delhi: Auto major Mahindra & Mahindra on Monday reported a steep 79 percent decline in total sales at 9,560 units in May. In the domestic market, sales were down 79 percent to 9,076 units last month compared to …

Mahindra and Mahindra posts 1% rise in auto sales in December; exports plunge 30%
5 years, 3 months ago

Mahindra and Mahindra posts 1% rise in auto sales in December; exports plunge 30%

Firstpost  

New Delhi: Mahindra & Mahindra Ltd on Wednesday reported a 1 percent rise in automobile sales in December 2019, as a rise in passenger and utility vehicles offset a dip in commercial vehicle sales. In a regulatory filing, M&M, a part of the $20.7 billion Mahindra Group, said domestic auto sales came at 37,081 units in December as compared to …

M&M rejigs top management in auto, farm divisions; Rajan Wadhera to step down from executive role
5 years, 3 months ago

M&M rejigs top management in auto, farm divisions; Rajan Wadhera to step down from executive role

Firstpost  

New Delhi: Homegrown auto major Mahindra & Mahindra on Monday announced a rejig of its top management in automotive and farm equipment sectors with its President for auto vertical Rajan Wadhera set to retire and step down from the executive role. It further said Hemant Sikka will head the farm equipment sector, while R Velusamy will be appointed as the …

Mahindra takes the wheel of Ford’s India business
5 years, 6 months ago

Mahindra takes the wheel of Ford’s India business

Live Mint  

Mumbai: Ford Motor Co. will cede control of most of its India operations to Mahindra and Mahindra Ltd, underscoring the US company’s long-drawn struggles to make a bigger dent in the world’s fourth-largest automobile market. Ford will transfer its entire business in India, barring an engine plant in Sanand, Gujarat, and its Chennai-based Global Business Services unit, to a new …

Mahindra and Mahindra's sales fall 25% in August
5 years, 7 months ago

Mahindra and Mahindra's sales fall 25% in August

India TV News  

Homegrown auto major Mahindra and Mahindra on Sunday reported a 25 per cent fall in total sales to 36,085 units in August. In the domestic market, sales were down 26 per cent to 33,564 units last month, compared to 45,373 units in August 2018. In the passenger vehicle segment, which includes utility vehicles, cars and vans, the company sold 13,507 …

M&M to acquire 55% stake in Meru for cash consideration of up to ₹201.5 crore
5 years, 7 months ago

M&M to acquire 55% stake in Meru for cash consideration of up to ₹201.5 crore

Live Mint  

New Delhi: Mahindra & Mahindra, homegrown utility vehicles major, is acquiring 55% stake in ride hailing and radio taxi operator Meru Travel Solutions for a cash consideration of up to ₹201.5 crore, according to a regulatory filing by the company. The company signed a share subscription and shareholder agreement on Saturday for subscribing up to 55% of equity share capital …

Auto firms take cue from govt, gear up for future beyond petrol, diesel
5 years, 8 months ago

Auto firms take cue from govt, gear up for future beyond petrol, diesel

Live Mint  

Automobile and other companies in India are following through on the government’s push to turn the country into a global manufacturing hub for electric vehicles by announcing plans to tap this emerging market. Hyundai Motor Co., India’s second-largest carmaker, plans to set up a lithium-ion battery manufacturing plant for its affordable electric vehicles designed for the Indian market. Seon Seob …

Mahindra sales drop 3 pc to 45,421 units in May
5 years, 10 months ago

Mahindra sales drop 3 pc to 45,421 units in May

India TV News  

Auto major Mahindra and Mahindra Saturday reported 3 per cent decline in total sales at 45,421 units in May. In the domestic market, sales were down 1.7 per cent to 43,056 units last month compared to 43,818 units in May 2018. In the passenger vehicles segment -- which includes UVs, cars and vans -- it sold 20,608 vehicles in May …

₹10,000-crore India EV policy seen as the spark the industry needs
6 years, 1 month ago

₹10,000-crore India EV policy seen as the spark the industry needs

Live Mint  

New Delhi: The announcement of the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme on Thursday, with an outlay of ₹10,000 crore for a period of three years, has been welcomed by automakers that were waiting for a signal before committing huge investments in electric mobility. Government support for FAME-2 is holistic and includes …

Mahindra shifts priority to electric rickshaws; firm's CEO says e-three-wheelers make economic sense
6 years, 3 months ago

Mahindra shifts priority to electric rickshaws; firm's CEO says e-three-wheelers make economic sense

Firstpost  

Earlier in November, Mahindra Electric Mobility had opened its electric technology manufacturing hub set up with an investment of Rs 100 crore in Bengaluru. In November this year, Mahindra Electric Mobility had opened its electric technology manufacturing hub set up with an investment of Rs 100 crore in Bengaluru. Branded under the umbrella of +ME technologies, the facility will manufacture …

Mahindra starts selling Ford cars in expansion of alliance
6 years, 3 months ago

Mahindra starts selling Ford cars in expansion of alliance

Live Mint  

New Delhi: Mahindra and Mahindra Ltd has started selling cars of Ford Motor Co. in India as the automakers expand their alliance beyond the joint development of vehicles. “Ford doesn’t have a robust chain of channel partners, so by letting Mahindra dealers sell Ford cars, the company is trying to reach most of the towns and districts of the country,” …

Govt officials refuse to use electric cars made by Mahindra, Tata Motors
6 years, 9 months ago

Govt officials refuse to use electric cars made by Mahindra, Tata Motors

Live Mint  

New Delhi: Senior government officials have refused to use electric cars made by Mahindra and Mahindra Ltd and Tata Motors Ltd citing poor performance and low mileage, said three people aware of the development. Initially, due to lack of charging infrastructure, the supply of electric variants of Mahindra’s Verito and Tata Motors’ Tigor was delayed. Taking into consideration the shortcomings …

Mahindra Group to invest Rs 900-cr more into electric vehicle venture
7 years, 1 month ago

Mahindra Group to invest Rs 900-cr more into electric vehicle venture

India TV News  

Despite policy the lingering uncertainties, the Mahindra Group has announced a fresh Rs 900-crore investment in electric vehicles over the next four years, which should ramp up its first installed capacity to 5,000 units a month. The current investment plan aims to take the capacity to 5,000 units a month and is based on certain assumptions like the subsidies continuing, …

New, ‘Expensive’ Mahindra Electric Vehicle Under Development
7 years, 4 months ago

New, ‘Expensive’ Mahindra Electric Vehicle Under Development

ABP News  

The high-end electric vehicle is expected to have a longer range than any existing Mahindra EV Mahindra, the first carmaker to introduce electric passenger vehicles in India, is now looking to expand its electric car range and enter new markets. Mahindra’s electric vehicle range for India includes a small hatchback, the e2o Plus, which costs upwards of Rs 7.57 lakh, …

Mahindra & Mahindra sees 2 per cent drop in vehicle sales in October
7 years, 5 months ago

Mahindra & Mahindra sees 2 per cent drop in vehicle sales in October

India TV News  

Mahindra and Mahindra Ltd on Wednesday reported that it sold 51,149 vehicles in October, down by two per cent from 52,008 units sold the same month in 2016. In the passenger vehicles segment which includes utility vehicles, cars and vans, it sold 23,413 vehicles in October, down by five per cent from the 24,737 units sold during the same month …

Tata Motors wins order for 10,000 electric vehicles from EESL
7 years, 6 months ago

Tata Motors wins order for 10,000 electric vehicles from EESL

Live Mint  

New Delhi/Mumbai: Tata Motors Ltd has won a marquee government contract for supplying 10,000 electric cars, outbidding Mahindra & Mahindra in the contest for the Rs1,120 crore order, the largest such procurement anywhere in the world. EESL tender provided us the opportunity to participate in boosting e-mobility in the country, at the same time accelerate our efforts to offer a …

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