Sunday, July 10, 2022

Mahindra open to invest in EV battery cell maker to secure supplies

Mahindra on Thursday raised $250 million from British International Investment for the unit and is exploring a partnership with Volkswagen AG to source such EV components as batteries and motors.

from Gadgets Now https://ift.tt/jBn4iUA
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More sops to boost scrapping of old vehicles in works

India plans to extend more incentives for scrapping old vehicles due to poor response from owners. A review of the vehicle scrapping policy ...