Mahindra Said to Be in Talks to Raise Up to $500 Million to Accelerate Plans to Build Electric Vehicles in India

Mahindra is said to be in discussions with global investors as the automaker seeks to raise an investment of up to $500 million (roughly Rs. 4,040 crore) ahead of plans to build electric vehicles in the country. The talks are said to have taken place a few weeks after the company announced that it plans to launch five electric SUVs over the next few years, hoping tha...

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