Thursday, July 30, 2026

Mahindra Last Mile raises ₹322 crore at unicorn valuation

Mahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in India's electric commercial vehicle market. The company plans an initial public offering in the second half of this financial year. Their electric three-wheelers have seen significant sales growth and market penetration. Mahindra aims to deploy one million electric vehicles on Indian roads by 2031.

from Auto-Industry-Economic Times https://ift.tt/Q7noFCt

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...