Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
-9.35 (-0.30%)
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M&M planning to focus EVs, petrol engines and connected vehicles

Date: 17-07-2019

Mahindra & Mahindra (M&M) is planning to focus on Electric vehicles (EVs), petrol engines and connected vehicles in the wake of changing business landscape. The company has earmarked Rs 500 crore for its EV project under the new EV policy of Maharashtra government.

Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.