Mahindra & Mahindra's acquisition of SML Isuzu aims to establish a strong fourth position in the over 3.5-tonne truck and bus segment, targeting a 10-12% market share within five years. This deal will boost Mahindra's presence in the 5-12 tonne bus category to 21% and accelerate its entry into the electric bus market, leveraging SML Isuzu's EV advancements.
from Auto-Industry-Economic Times https://ift.tt/eQgfEbN
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