electric vehicle

Mahindra will invest INR 10,000 crore over a period of 7-8 years through its subsidiaries to accelerate the EV segment

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Mahindra logo installed outside a showroom in Ahmedabad

Gujarat, September 10 (MeelBijendra) – Mahindra has announced to invest INR 10,000 crore over a period of 7-8 years through its subsidiaries to accelerate the electric vehicles (EV) segment. These investments will be for setting up the manufacturing facility, development and production of Mahindra’s upcoming electric vehicles. The company strengthened its vision by setting up … Read more

India aims to achieve 30% EV penetration in private cars, 70% in commercial vehicles and 80% in two and three wheelers by 2030

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Sales of electric vehicles in India are shown in the chart

NEW DELHI, August 20 (MeelBijendra) – Electric car industry in India is still in its nascent stage with 41,441 units being sold in the first few months of FY23 and electric vehicle sales in India are expected to register a strong growth rate in the coming decade. In India, 2,433 electric cars were sold in … Read more

Tesla’s business model has crossed $1 trillion and most valuable car company in the world

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Tesla

Tesla is the most valuable car company in the world now. Its market capitalization has crossed $1 trillion. It is so valuable that if we keep Tesla on one side, and look at the next 10 most valuable car companies, Ford, Honda, Volkswagen, Toyota, BMW, the combined valuation of these 10 companies, would be equal … Read more