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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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...