M&M shares jump nearly 3% after launching 2 new EVs
Shares of Mahindra & Mahindra (M&M) jumped 2.7% to an intraday high of Rs 3,070 on the BSE today as the company launched 2 new Electric Vehicles (EVs) BE 6e …
electric mobility
Mahindra unveils BE 6e and XEV 9e, ushering in the ‘born electric’ era
Mahindra & Mahindra (M&M) on Tuesday unveiled the highly-anticipated Born Electric range, featuring two electric SUVs—the BE 6e and XEV 9e. Launched on the ‘INGLO’ platform, this new lineup signifies …
government subsidies: EV industry in India is not relevant without incentives: Bernstein
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles …
Scooter sales growth surpasses that of bikes
Mumbai: Scooters are experiencing a renaissance in the Indian market, even outpacing the traditional reign of motorcycles. Expansion of electric mobility, urban congestion and rising female participation in the workforce …
FAME Subsidy Case: Hero Electric moves HC seeking relief
New Delhi: Hero Electric scooter company Hero Electric has approached the Punjab and Haryana High Court seeking relief from recovery of subsidies availed under the government’s flagship scheme to promote …