India SUV maker eyes China e-vehicle market
A successful joint venture in China will pit Mahindra against stiff competition from more than 200 Chinese companies
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Mumbai
CHINA'S electric vehicle market is so hot that India's biggest SUV maker is angling for a piece of the action.
Mahindra and Mahindra Ltd's electric car unit is looking for a joint venture partner in China to manufacture and sell EVs in the world's biggest car market, according to Arvind Mathew, chief executive officer of Mahindra Reva Electric Vehicles Pvt Ltd. The company currently sells electric cars in the UK and Indian subcontinent and is open to offering its powertrain technology to buyers other than its parent, he said.
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