Mahindra & Mahindra Ltd said on May 16 it will invest Rs 12,000 crore in its electric vehicle (EV) unit, Mahindra Electric Automobile, over a period of three years up to March 31, 2027.
Tag: Auto
EV sales may hit 10 million in 2024; China likely to remain dominant force until 2027: Report
At present, China is the dominant force in the ‘battery electric vehicle’ market, with sales projected to be 4 times that of the US market in 2024,
Cars become top category on TV from auto sector with 50 percent ad volumes in 2023
Among top Advertisers, Maruti Suzuki India secured 1st position with 12 percent share of ad volumes in 2023, as per TAM.
Hero MotoCorp records highest-ever festive sales, sells 14 lakh units
The homegrown auto company clocked more than 14 lakh units in retail sales during the festive period, a 19 percent growth over the previous year. This was above the previous highest sale of 12.7 lakh units in the corresponding festive period of 2019.
Luxury carmaker Lamborghini’s plans for the India market
Sharad Agarwal, head of Lamborghini India speaks about what’s driving growth for the company in India and the luxury carmaker’s plans for the festive season
Meeting Amin Lakhani and Amit Jain in Volvoverse
Mindshare India recently conceptualised and enabled the first-ever EV launch in the metaverse for Volvo Cars in a space called Volvoverse.