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No incentive, no new launch of electric vehicles: Mahindra

By : Sustainability ..., Nov 15, 2013

Mahindra and Mahindra Ltd has decided against introducing more electric vehicles in India, and instead focus on exports, if the government does not keep its commitment to provide incentives for such vehicles.

“While...

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Subject Tags: Mahindra Ltd.

Mahindra seeks to take lead in electric vehicles segment

By : Sustainability ..., Sep 7, 2012

Mahindra and Mahindra Ltd, the only manufacturer of electric cars in India, plans to introduce at least five such vehicles in the next three years to take advantage of a government plan to spend Rs. 14,000 crore to boost the popularity of electric and hybrid vehicles in the...

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Subject Tags: Mahindra Ltd. , Politics