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
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Porsche posts Q1 profit drop on ramp-up costs
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US