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Mahindra Has Retailed Almost 2000 Electric Vehicles In October 2019

By : Sustainability ..., Nov 4, 2019

Mahindra Electric, the EV arm of the utility vehicle manufacturer, Mahindra and Mahindra has retailed almost 2000 electric vehicles in India, in October 2019. According to a social media post by Pawan Goenka, MD & CEO, Mahindra and Mahindra Ltd., the 2000 units are the...

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Unorganised players with cost edge lead the e-rickshaw race

By : Sustainability ..., Oct 29, 2019

More than two years after organised players like Kinetic, Hero Electric and Mahindra & Mahindra forayed into the growing e-rickshaw market they are yet to gain a toehold in this space. An electric-vehicle revolution is gaining ground in India, home to about 1.5 million...

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Lithium-Ion battery recycling presents a $1,000 million opportunity in India

By : Sustainability ..., Sep 30, 2019

The lithium-ion battery market is expected to grow exponentially in the next five years in India and its recycling offers a $1000 million opportunity by 2030, JMK Research has estimated. However, recycling would gather momentum only when the Indian government brings in a well...

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Mahindra e-Verito price cut by Rs 80,000, E-Treo by Rs 20,000, Indian Army adds in fleet

By : Sustainability ..., Aug 6, 2019

The company will implement the benefits to the customers immediately across its product range. The reduction in tax will be a step towards the growth of the electric vehicles which will help the...

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Environment Ministry to Use Mahindra Electric Cars for Official Use to Combat Air Pollution

By : Sustainability ..., Jul 4, 2019

The Environment Ministry has acquired electric cars for official use, a move aimed at reducing air pollution. According to ministry sources, five electric cars have been acquired on a trial...

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M&M arm looks to sell EV parts to global firms

By : Sustainability ..., Jun 6, 2019

To develop its Bengaluru facility into a hub for manufacturing electric vehicles, Mahindra Electric Mobility Ltd (MEM), a unit of Mahindra and Mahindra Ltd (M&M), is in talks with global...

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Mahindra Electric expects to double EV sales in FY20 too

By : Sustainability ..., Jun 6, 2019

Mahindra Electric, a part of the Mahindra group, on Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric...

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"FAME II is an opportunity for India to prove that our EV technology is truly global and to become a global hub for development of electric vehicles"

By : Sustainability ..., May 22, 2019

In conversation with Sustainability Outlook, Mr. Mahesh Babu, CEO of Mahindra Electric, shares his thoughts on key challenges and opportunities that the automobile industry in India...

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