Homegrown auto major Mahindra & Mahindra today announced that it has signed a binding agreement with Temasek under which the Singapore-based global investment firm will pump in Rs 1,200 crore in Mahindra Electric Automobile Ltd, the XUV700-maker's passenger electric vehicle subsidiary, raising its valuation by 15%. However, with the fresh investment from Temasek, MEAL's valuation has increased by 15% to …
On Ganesh Chaturthi, Anand Mahindra revealed the first look of the ‘all-electric’ Mahindra SUV - XUV400. According to the most recent rumours, Mahindra said it was likely to introduce the new XUV400 electric SUV in India in September 2022. Reuters sources reported in July that South Korean battery maker LG Energy Solution would supply batteries to Mahindra's first electric SUV. …
Mahindra XUV 400, the all-electric version of the company’s popular mid-sized SUV XUV 300, finally has a launch date. Unveiling its INGLO electric architecture and lineup of five electric SUVs based on it on Independence Day, Mahindra confirmed that XUV 400 EV will hit the Indian market on September 6. It will be the first of the company’s series of …
Popular Indian automaker Mahindra has introduced a series of discount offers on its select models for February 2022. This includes a flat cash discount of Rs 6,000 exchange bonus of Rs 15,000 and an additional corporate discount of Rs 3000. Mahindra Marazzo The offers on the Marazzo MPV include an exchange bonus of Rs 15,000 and corporate benefits of Rs …