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

TVS Presents iQube in New Battery Pack

TVS Motor, one of the big two-wheeler companies, has introduced a new variant of its electric scooter iQube. It has a 2.2 kW battery. Its starting price is Rs 94,999 (ex-showroom). It can be charged from 0-80 percent in about two hours. Sales of electric two-wheelers have increased rapidly in the last few years. The … Read more