Commercial vehicle (CV) sales, contrary to expectations of a downturn, have fared reasonably well in the first quarter (Q1) of 2024-25 (FY25), especially in the medium and heavy commercial vehicle (M&HCV) and bus segments. The top four players — Tata Motors, Mahindra & Mahindra, Ashok Leyland, and Volvo Eicher Commercial Vehicles (VECV) — together sold …
Mahindra & Mahindra Share Price Latest: Mahindra & Mahindra (M&M) on Wednesday issued a clarification after its shares declined as much as 6.62 per cent following the price cut on its flagship SUV XUV700. It said “our new XUV700 bookings in June were 23% higher than May and there is no concern of unsold inventory” …
/indianstartupnews/media/media_files/drUiQOhT4OtmcGOEScX2.png "Mahindra plans to locally make EV batteries in India, says Group CEO Anish Shah")
Mahindra Group is planning to manufacture electric vehicle (EV) batteries locally in India. The move is driven by the anticipated surge in demand for electric vehicles in the country. Mahindra’s MD and CEO Anish Shah, in a recent interaction with PTI, emphasized the importance of domestic production to meet this demand. “One area that we …
Hyundai Motor India IPO: Hyundai Motor India Ltd. (HMIL) is all set for a stellar initial public offering (IPO) in what could likely be the biggest public issue in the Indian primary market. The exact amount to be raised has not been specified in the draft red herring prospectus (DRHP) filed by HMIL to capital …
By: HT Auto Desk | Updated on: 29 May 2024, 09:54 AM Mahindra BE.05 will be based on the INGLO platform which is a new electric skateboard platform. The platform supports Blade as well as Prismatic batte … Mahindra BE.05 will be based on the INGLO platform which is a new electric skateboard platform. The …
Mahindra and Mahindra is gearing up to expand its electric vehicle portfolio with the introduction of the XUV.e8, an electric variant of their popular XUV700. This new model has already been presented in its concept form, and the company is actively testing prototypes. Recently, Mahindra has applied for several design patents, covering both exterior and …
The year 2024 promises to be a thrilling one for SUV enthusiasts in India, with several leading automakers gearing up to introduce new models in the second half of the year. Among these, top brands like Mahindra, Tata Motors, and Kia are preparing to launch new flagship models, including some electric vehicles. As per a …
Mahindra & Mahindra said it has tied up with a unit of Adani Total Gas to establish electric vehicle charging infrastructure across the country. The auto major and Adani Total Energies E-Mobility Ltd (ATEL) have inked a memorandum of understanding (MoU) in this regard. The MoU sets a roadmap for the creation of an expansive …
Starting December 15, more than three dozen cars from mostly Indian, Japanese, and Korean companies will start crash testing under India’s first car-safety rating programme. India launched in August the Bharat New Car Assessment Programme (Bharat NCAP), which is modelled on the Global NCAP and tailored for Indian standards. This is aimed at improving the …
You can call it a car cemetery. On sprawling three acres of prime land in Uttar Pradesh’s Noida, over a hundred dilapidated vehicles are being arranged in stacks before each one is hauled for a 200-minute last journey. Unlike the birth of a car – from welding to painting – which takes 18-35 hours, depending …