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Mahindra & Mahindra to invest $1 44 billion in EV arm; explores hybrid tech

Mahindra, India s third-biggest EV maker, currently sells just one model, the XUV400, but it is slated to launch a new range of EVs next year

Mahindra Exploring Hybrid Technology For India But Focus Remains On EVs

Mahindra revealed that it is examining hybrid technology for its future products in India, but will only start development according to consumer demand

M&M shifts to high gear with Rs 37K cr investments

M&M shifts to high gear with Rs 37K cr investments
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M&M Q4 net profit rises 31 5% to Rs 2,038 cr, declares Rs 21 10 dividend

Revenue from the automotive segment revenue rose 20 percent, while that of the farm equipment segment fell 13.1 percent, However, earnings for India s largest tractor-maker by sales were pressured by a 21.5 percent fall in tractor and farm equipment sales, as sub-par rains affected rural demand, M&M said in a stock exchange filing

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