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Trump thinks it would be 'very unfair' if Elon Musk opened up a Tesla factory in India
Donald Trump criticized Tesla’s potential factory in India as “very unfair” during an interview with Elon Musk, citing high import tariffs. Musk confirmed India's 100% tariff on U.S. auto imports. Tesla has begun hiring in India, raising speculation about its market entry.
Tesla’s sudden Indian jobs plan comes amid Trump’s tariff threats
Tesla is actively recruiting for 13 positions in India, indicating a possible market entry. This move follows Prime Minister Modi’s meeting with US President Trump and the upcoming trade deal roadmap. Tesla’s potential entry into India’s growing EV market comes amidst significant competition from domestic manufacturers like Tata Motors, Mahindra & Mahindra, and others.
Uber partners with Lithium Urban Technologies to onboard
Uber has already deployed more than 100 of these electric vehicles, such as Mahindra eVerito and Tata Tigor EV,on its platform. Lithium's charging hubs in these cities have the capacity to charge multiple cars and buses simultaneously.
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Mahindra e-Verito not good enough? Govt may soon include the Rs. 23.71 lakh Hyundai Kona in its fleet
The Hyundai Kona is fitted with a 39.2 kWh lithium-ion battery pack.
Plan to launch EV in India by 2022 but ecosystem is a must: Renault
There has been a lot of debate on future of electric mobility in India with government think tank NITI Aayog pushing for it.
Mahindra & Mahindra plans to roll out three new electric vehicles
Welcoming the government's push for electric vehicles, Mahindra said,"we have a long engagement with EVs. We are fully future ready, and just waiting for the wave to rise."
Mahindra & Mahindra to expedite EV projects, to invest on more electric four wheelers
MD of Mahindra & Mahindra said the company will have range of new electric vehicle products right from three wheelers, small commercials to even new personal vehicles.
Mahindra cuts e-Verito price by up to Rs 80,000
The company has also slashed price of its electric three wheeler Treo by up to Rs 20,000. The prices of the model will now start at Rs 2.05 lakh (on-road).
Mahindra Electric expects to double EV sales in FY20 too
Babu said Mahindra Electric is also developing powertrains for electric vehicles which will be group firm Ssangyong by early 2020 and other global partners.
Mahindra's EV sales rise over 2.5 times to 10,276 units in FY19
In 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.
Mahindra and Uber line up emission-free connectivity plan
Mahindra & Mahindra and Uber had signed a memorandum of understanding (MoU) in 2017 to provide last mile zero emission connectivity in Indian cities.
Mahindra & Mahindra's June sales up 26% at 45,155 units
Sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, were up 12 per cent at 18,137 units as against 16,212 units in June 2017.
Mahindra Electric ties up with Meru for e-vehicle project
According to a press release by Mahindra, the pilot project will see Meru deploy a fleet of eVeritos, the all-electric sedan by Mahindra and the model will be replicated in other cities soon.
Mahindra to discontinue Verito, Vibe, Xylo and Nuvosport?
Mahindra is already working on four new SUVs - Mahindra U321 MPV, Mahindra S201, Mahindra KUV100 electric and Mahindra Rexton G4 SUV - which are scheduled to be launched this year or next.
M&M to supply 1,000 Verito EVs to Bengaluru’s Baghirathi Group
The electric vehicle delivers a range of 140-180 km once charged. Its range is different from the Verito EV to be supplied to EESL.
Will make enough money from each e-car sold to EESL: TataMotors
The EESL order for 10,000 electric sedans is the single-largest in the world and Tata Motors will have to begin delivery of the first batch of 500 cars by November 30.
M&M eyes 3-fold jump in e-vehicle sales, partners Zoomcar
This partnership will enable individuals to buy new all-electric Mahindra e2oPlus on ZAP, Zoomcar's fractional car ownership programme, the company said in a statement.
Mahindra Electric looks to startups for 3x growth in 2017
BigBasket has been using about 10 Mahindra eSupro vans for its intracity last-mile delivery in Noida and looks to increase the number to 50 over the next 3-6 months.
Mahindra launches electric version of Supro for Rs 8.45 lakh
The electric versions of the passenger and cargo variants of the Supro join existing models e2o and e-Verito.
Mahindra & Mahindra sales surge by 9.6% in January
In the domestic market, its sales were up 9.84 per cent at 40,693 units last month as against 37,045 units in January 2015.
Mahindra & Mahindra shares down 2 per cent as sales fall in January
M&M's scrip ended the day 1.52 per cent lower at Rs 1,243.85 on the BSE. During the day, it slipped 1.97 per cent to Rs 1,238.
Mahindra & Mahindra Q3 profit rises 12%, matches estimates
Standalone profit was Rs 934 crore ($150 million) in the fiscal third quarter ended December, against Rs 836 crore a year earlier.
M&M: Rising input, employee, finance costs may play spoilsport going ahead
Though impressive, this growth has, however, moderated especially when compared with the volume growth in tractor sales in FY11 over FY10.
Mahindra & Mahindra net profit skids in Q3, down 9.9% at Rs 662.2 cr
Mahindra & Mahindra reported a lower-than-expected net profit for the quarter to December as higher input costs drove down margins.
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