NIIF’s India-Japan Fund To Invest Rs. 400 Crore In Mahindra Last Mile Mobility Updated On Fri, Jan 12th, 2024 by Saurenergy Indian automotive company Mahindra & Mahindra Ltd. (M&M) and India-Japan Fund (IJF), a fund managed by National Investment and Infrastructure Fund Limited (NIIF) have executed a binding agreement for IJF to invest Rs. 400 Crore in Mahindra Last Mile Mobility Limited (MLMML). It claimed to house M&M’s last-mile mobility business including three wheelers (Alfa, Treo, […] Read more
Mahindra Introduces New Products, Increases EV Investments Updated On Mon, Sep 12th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra is developing, introducing new products and making investments while also making production plans stronger as it continues to be “extremely positive” about the country’s progressive adoption of electric car penetration over the coming few years. It anticipates a gradual shift to electric mobility, with the fleet and sports utility […] Read more
Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector Updated On Wed, Aug 17th, 2022 by Saurenergy The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […] Read more
Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant Updated On Thu, Jul 29th, 2021 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […] Read more
