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Mahindra & Mahindra announced that British International Investment (BII) will invest Rs 1,925 crore ($250 million) in a new four-wheeler passenger electric vehicle company to be established by the Indian auto major. The…
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In order to establish a new four-wheel Passenger Electric Vehicle business, Mahindra & Mahindra has announced raising Rs 1,925 crore from the British International Investment (BII). The newly created EV subsidiary would receive…
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Mahindra & Mahindra (M&M), British International Investment (BII), the UK’s development finance institution and impact investor, and M&M have signed a legally binding agreement to invest up to Rs 1,925 crore ($250 million)…