Mahindra Planning Big for Electric Vehicles, to Invest Rs 120 Billion

Mahindra & Mahindra, one of the largest automobile companies, has planned to expand its Electric Vehicles (EV) business. For this, the company will invest about Rs 120 billion in its EV unit. It plans to sell some assets related to its EV business to its EV unit for Rs 7.96 billion. In the fourth quarter … Read more

Mahindra to Start Bookings of XUV 3XO on 15 May, Rs 7.49 Lakh Starting Price

Mahindra & Mahindra, one of the major automobile companies, launched the compact SUV XUV 3XO late last month. Its booking will start from May 15. XUV 3XO will compete with Maruti Suzuki’s Brezza, Hyundai’s Venue and Kia’s Sonet. Its prices range between Rs 7.49 lakh to Rs 15.49 lakh (ex-showroom). Booking for this can be … Read more