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Mahindra announces massive Rs 120000000000 plan, betting big on…

Mahindra has approved an investment of Rs 12,000 crore in Mahindra Electric Automobile Limited (MEAL) to fund its EV journey.

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Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Mahindra Electric Automobile Ltd, a subsidiary of M&M, has been incorporated on October 25, 2022

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M&M to invest Rs 12,000 crore in its EV unit; extends timeframe for BII s Rs 1,925 cr investment

So far, BII has invested Rs 1,200 crore while Temasek invested Rs 300 crore in Mahindra Electric Automobile Limited (MEAL). Temasek will invest the balance Rs 900 crore as per agreed timeline, the company said.

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Mahindra & Mahindra To Invest Rs 12,000 Crore In Its EV Unit

Mahindra & Mahindra To Invest Rs 12,000 Crore In Its EV Unit
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Mahindra & Mahindra To Invest ₹12,000 Crore In Its EV Unit

Mahindra & Mahindra To Invest ₹12,000 Crore In Its EV Unit
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